EUR is overbought due to the American QE3 news, rising for more than 1000 pips with no decent retraction.
We should stay alert to the 1.3200 resistance area, which could lead EUR to a retracement towards 1.3000 or the rising channel bordar that was broken.
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We should stay alert to the 1.3200 resistance area, which could lead EUR to a retracement towards 1.3000 or the rising channel bordar that was broken.
Follow this trade:
www.twitter.com/rodrigosmarts
tradingsmarts.tumblr.com