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EURUSD Head & Shoulders

Short
FX:EURUSD   Euro / U.S. Dollar
The Head & Shoulders reversal formation was activated at the EURUSD exchange rate. The price will move in the extensions of 161.8% to 200%, which means that Euro is going to fall and Dollar will be decreased. One scenario is that the increase on the dollar will discount the short-term rise in interest rates.
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