• Ghost

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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