Entrenched

EURUSD possible trade

Short
SAXO:EURUSD   Euro / U.S. Dollar
USD took a little hit from the unexpected rate cut the other day but its all priced in now and even a rate cut on the 18th is 100% priced now. I believe that if u.s. data is good today it would help EU ease off the tops a bit in my opinion. there is a declining trend line but price may overshoot some into the resistance zone but not a guarantee , either way not over leveraging is probably best in any case

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