MAgicTrx

FXE - a one day relief rally

Long
AMEX:FXE   Invesco CurrencyShares Euro Currency Trust
Not uncommon. This happens. Important not to get married to a trade or position. After a compression ratio of about 4:1, not surprised to see a pop. The real potential reversal is the zero slope MA just above recent price action. Potentially explosive if violated.
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