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Thread: Trend of the Day

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#618 (permalink)

07-03-2009, 08:35 AM

Gregory McLeod Gregory McLeod is offline

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The Trend of the Day - EUR/GBP

EUR/GBP continues its down trend as it was rejected from the daily trend line that extends from its December high of .9803 to its current rate of .8562. Look to short this pair with stops above the July 2nd 4-hour high of .8628 for a 1:2 risk to reward.

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