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alan3cA alan3cA EURGBP, D, Short ,
60 0 2
EURGBP - Sell at .8770 and .8788, Stop .8812. Wednesday

Despite being bought higher initially Tuesday, a sequence of 3 up days ended. Fresh selling interest emerged above the 13/200 day mvg avg area with the resulting decline leading to the production of a Bearish Outside Day – a negative formation that point to a renewal of selling pressure. So this morning’s call is a Sell at .8770 but leaving room to also Sell at ...

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