Forex Strategy: EUR/USD Short Position in Play
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- EUR/USD Technical Strategy: Holding short, initially targeting below 1.3148 (23.6% Fib exp.)
- We sold at 1.3362; a bounce appears corrective for now and we will remain in the trade
- A stop-loss has been set to activate on a weekly close above 1.3577
Confirm your chart-based trade setups with the Technical Analyzer.
Weekly Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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