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Fxprotrader
Apr 5, 2016 7:11 AM

EURUSD Two Possible Scenarios For Selling Short

Euro Fx/U.S. DollarFXCM

Description

Sell opportunity in EURUSD. If price breaks the lower trendline we should wait for a correction and sell the market. In case that price makes another move up and reach the upper trendline we should sell from that level.

A bearish divergence with MACD adds more weight to my thoughts for going short on EURUSD.
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