Carl_G
Short

EURUSD MARKET OUTLOOK

FX:EURUSD   Euro Fx/U.S. Dollar
164 0 9
As price is approaching the demand zone , so is the 50 day MA. I am expecting price to take a swing to the upside, no further than the pivot high. T.D 9 (buy signal) is also indicating that a reversal is about to occur. Once the reversal have taken place and the bears are stepping back in, long-term short positions will be added as the coming years target is 0.80 cents.

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