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1.0500 has been found on EUR/USD...

Short
FX:EURUSD   Euro / U.S. Dollar
Prior chart:


We recently broke down this pair at the zone just above 1.0850 with anticipations of nearly a 400 pip move down to 1.0500 which has now been precisely met.

The dollar strength is still showing strength and this could continue in the coming weeks. Further dollar news is coming in this afternoon so make sure you trade safe.

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