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Kaustuv
Jun 16, 2015 3:19 PM

EURUSD short Short

Euro Fx/U.S. DollarFXCM

Description

Short EURUSD as it is in a downward trend currently... The widening of the bollinger band width coupled with a reduction in price implies an extension of lower bollinger band, allowing for a down move.Moreover, it can be seen from price action that weak shorts have probably been removed from the market
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