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PrometheusCHT
Feb 1, 2017 6:36 AM

TECHNICALS | EUR Distribution 

Euro Fx/U.S. DollarFXCM

Description

The Euro looks to be trading back towards the midpoint of its distribution... I'm not bullish as a result of the risks posed by European elections this year, however, I am of the opinion it trades higher over the next month where I will likely look to short it higher. Given it is in said distribution I will be monitoring it closely with my mean-reversion model, looking to fade extremes.
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