(1,3220) EUR/DOLL confirmed an important rally that sent already well overbought the indicators of the s/t charts showing also a clear negative reversal situation. However the move up already retraced 75% of the previous drop 1,3300 – 1,2998 suggesting further upside potential. nevertheless we want to try a short position here at 1,3218. To start we put a stop at 1,3305! The move up is overdone
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Future Trend Research