Shorting the EURUSD
Has the Euro reached a peak? It appears to be so, given that from now on an inflow of Euros is expected back into the US as the stock market rebounds, while any rate cuts can be considered as a positive for the US economy. Here's what we suggest:
Stop Sell: 1.1087
Take Profit: 1.1064
Stop Loss: 1.1102
*Once the pair crosses 1.1078, move the sl to 1.1087
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