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labforecast
May 21, 2014 1:09 PM

EURUSD: More downside is likely to come Short

Euro Fx/U.S. DollarFXCM

Description

Momentum is clearly negative and the Fibo 61.8% at 1.36645 may not be enough to stop the move. Keep my short position. If it hold 1.36645 I'll back back my positions and will turn Neutral. If not 'll keep my shorts
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