9-2-08
4:21a GMT – After our last successful short trade on the EU pair we are again looking to sell for another retreat down to 1.4475. Threats to trade are a very oversold level and the weekly/monthly support the pair is currently resting on. Down to 1.4450 would complete a nice double-top reversal and signal further EU losses.
Trading Idea: shorts favored down to 1.4475.
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