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EUR/USD

EUR/USD

Thomas Long, Course Instructor

In spite of any talk about a stronger EUR, this pair just printed a new 4-year low yesterday at the 1.2110 level. That does confirm the downtrend, which shows no sign of ending. Tomorrow we will take a look at one way to trade a news release, but in the meantime my bias remains to the downside as long as the pair remains below the 1.26711 high noted on the chart.

eurusd 060210

 

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