felicj

EURUSD reaches resistance, might drop

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FX:EURUSD   欧元/美元
EURUSD has been following a down trend reaching towards a really strong support, and went up as soon as it reached it. It has now, however reached a strong (but weaker than the support) resistance point. If EURUSD doesn’t surpass the resistance, it is most likely returning to support. This is a short term trade. After reaching support again, it will most probably rise.
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