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Therealaleech
Nov 27, 2014 3:54 PM

EUR/USD - Distribution Phase Move Short

Euro Fx/U.S. DollarFXCM

Description

Bumping against a ITL (intermediate trend line). Watch for a move lower. Oscillators wouldn't disagree with a move lower and ADX would more than likely be on your side. Could be parlayed into a longer term move if support is broken on the swing down.
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