By: Bradley C Smith
The downward dance for the EUR/USD, will continue to flow as this pair moves forward with today's news forecasts. The forecasts will favor the USD as will the trend, your friend. Though the Bollinger bands, Full Stochastics, StochRSI and RSI are screaming for a retracement, the strong trend and news forecast for today should offer a strong hint at isolating any trades to shorts.
Once zoomed in to a EUR/USD three hour chart, this pair shows itself to be for a upward movement at anytime. If that upward jump you are comfortable with happens, short it, to enjoy the benefits of a ride on this strong trend.
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