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EvanJones
Aug 23, 2016 4:48 AM

Ready for a rejection of upper trendline Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD has rallied on the back of a weaker dollar, however I feel that the tide is turning and is ready for a retracement. Stops just above for a quick stop out in case of a break out. There's a missed weekly pivot which is an ideal target, however I'm suggesting we aim for half way or 1.25 area.

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