Δευτέρα 26 Οκτωβρίου 2015

Technical Analysis EUR/USD

EUR/USD is in a downtrend. MACD is at the record new lows and strong, starting to turn down again from above it’s centerline.Price has stalled and retraced a little, but is likely to resume falling and at least re-test it’s latest low, possibly even exceed it. It makes a good short trade with 1 : 1 or more Risk : Reward ratio.

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