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Look to Sell Euro Rallies

Look to Sell Euro Rallies

2011-05-12 11:01:00
Joel Kruger, Technical Strategist
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The market has come under some intense pressure over the past few days which now threatens the overall structure and could open deeper setbacks. However, at this point, given the sharp drop from the 1.5000 area, we would prefer waiting for a bounce back towards 1.4500 before considering a fresh short.

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