Burdman
Short

EURUSD: No China Savior today

FX:EURUSD   Euro Fx/U.S. Dollar
42 0 0
With the constant US dollar             selling by the People's Bank of China, the euro             has been a main beneficiary. However, market forces have returned and, keeping the rate below 1.09, maintain a bearish trend .
Trade closed: target reached: Consolidation before break
Comment: Selling volume is still greater than bids, a sharp drop below 1.08 may be imminent
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