EUR/USD - 4h - Short/Put - E 16 Feb 19:00 - T 1.20800

FX:EURUSD   Euro / U.S. Dollar
We expect the EUR/USD to fall further this week to a target rate of 1.20800. The main reason for this is a stronger dollar. Furthermore the MACD 4C and RSI indicators are currently in a downward trend and the Stoch RSI is at an overbought level.

Asset: EUR/USD
Time interval: 4h
Position: Short/Put
Expiry: 16 Feb 19:00 (GMT+1)
Target rate: 1.20800


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