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EURUSD Down From A Triangle

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June 05 2014

EURUSD broke lower today, from a triangle that usually occurs in position prior to the final of one larger degree. So the question is if the support is near!? Pair could go much lower, no doubt, but because of the pattern we see here it may not be a bad idea to stay aside, and wait on pullback. The easy money on the short side is already behind now, so focus on new set-up rather than selling it at current levels may not be a bad idea.




 






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