Forex Strategy: EUR/USD Short Trade Triggered Sub-1.38
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- EUR/USD Technical Strategy: Short at 1.3757, targeting 1.3688 (23.6% Fib ret.)
- Prices put in a Bearish Engulfing candlestick pattern, hinting at losses ahead
- A stop-loss will be triggered on a daily close above 1.3810 (Engulfing pattern high)
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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