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Akshay15
Mar 4, 2018 9:56 AM

Euro At Cusp Of a Bearish Breakdown Short

Euro Fx/U.S. DollarFXCM

Description

Momentum indicator on a weekly time frame is suggesting that Euro is going up but with decreasing momentum, In that case it is very high possibility that Eur/Usd pair will soon follow momentum on a higher time frame & start trending south. In addition long build up In Euro by Non-Commercials is at highest levels since 2009.
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