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Sep 18, 2018 10:21 AM

EURUSD SHORT POSITION 4 HOUR CHART  Short

EUR/USDOANDA

Description

EURUSD has a clear resistance line which cuts through 1.17
The pair is still forming lower highs on the 4 hour chart.
Further tariff commentary has sparked Euro buyers to seek refuse in the single block currency.
Once we have broken the 30 minute support line (lighter blue line), I will consider layer more shorts in.
There is a triple bottom support line at 1.1532

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