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Screenshot of a breaking news alert e-mail from Q2 2017
I am short EURUSD and looking for further losses. I expect to see a broad correction in the US dollar, with the EURUSD major taking most of the USD’s gains.
Monthly – Moving lower from the Fibonacci confluence area (102.00). In April, we posted another outside candle highlighting the downside pressure for the index. Strong support is not seen until 92.50.