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Euro / U.S. Dollar
Short

EURUSD Way Overbought!

By Kav1ka
Updated
Friday we saw a squeeze up to our next level resistance. Although we expected EURUSD to go higher after breaking above 1.2050, we didn't expect that it would come sooner. Friday's close was below our resistance level so that means all bets going short.

Happy Trading folks!

Cheers!
Trade closed manually
dollareuroeurodollareuropeanEURUSDFibonacciForexforextradingSupport and ResistanceTrend AnalysisUSD
Kav1ka

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