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Elemont
Oct 29, 2016 4:02 AM

EURUSD FORECAST Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD has spiked up and hit a major resistance point where we expect price to correct back down towards the trendline.
RSI is signalling overbought and price is at the top of its local channel.
Looking to short with TP at the first support level and SL above the local high.
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