stanvax

Balance of probabilities suggests shorting EuroDollar

Short
FX:EURUSD   Euro / U.S. Dollar
0
Not without risk (what is!) but the balance of probability on this pair is a return towards 1.28. The series of reversals against a declining trend line seems to point towards a continuation of this theme. A negative week ahead would make last week's attempt to break this trend line seem very exposed and bearish candle indeed.
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