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EURUSD Sell Off,
The pressure on the euro is there to remain as it is consistent with several indicators mainly with the stay below MA50 since mid-July @ the reading of 1.3415, targeting 1.3335 and 1.3295.
The pair’s price is abated on a daily basis charting a downward channel since mid-July which conveys a resistance almost equal to the reading of MA50. The risk scenario is set once a close above last week high is printed, allowing a rally below 13415 to be sellable.
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
EURUSD Sell Off,
The pressure on the euro is there to remain as it is consistent with several indicators mainly with the stay below MA50 since mid-July @ the reading of 1.3415, targeting 1.3335 and 1.3295.
The pair’s price is abated on a daily basis charting a downward channel since mid-July which conveys a resistance almost equal to the reading of MA50. The risk scenario is set once a close above last week high is printed, allowing a rally below 13415 to be sellable.
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
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