EURUSD - Trends, Forecasts and Implications (Part 1) - page 788
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EUR/USD during the day: The market in the short term is dominated by investors betting on declines, after a sharp break to new 14-week lows below 1.4500. This former range low /1.4500/ will limit the pair's subsequent corrective rise. Meanwhile, the pair could fall below 1.4369 to the key long-term moving average at 1.4275. The pair needs to rise above 1.4426 to get a temporary respite.
EUR/USD on the weekly chart: Downtrend.
Eh, my stop order blew out :) Well, looks like we're going down again. I'll be looking for a northbound entry at 1.4280...
watched your stop, back in the afternoon...it was neither here nor there.... I'd put it just below the extremes.
watched your stop, back in the afternoon...it was neither here nor there.... I'd put it just below the extremes.
Yeah I did. But when I was on the plus side, I moved it to the B\u, because the movement was too sluggish...