EURUSD: Hold Short as Selling Accelerates
I initially sold EURUSD at 1.4328. The pair has now produced an Evening Star bearish candlestick pattern below the recent range top at 1.4535, the July 27 high and my stop-loss threshold (to be activated on a daily close above the level), and proceeded to break lower through rising trend line support. I will continue holding short, aiming for a soft target at 1.3976.
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