EURUSD SHORT AT MULTI YEAR TREND LINE

٢٤ يونيو ٢٠١٤

The blue trendline is coming from the highs of 2008. Price is below the 50 SMA and the 200 SMA so a clear downtrend. We are also at a minor .23 Fib level. as of such i have set an order to go short at 3620 with my stop at 3660 and t.p at 3510.

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