10-31-08
3:34a GMT – In the short-term for the EUR/USD I am favoring shorts down to support at 1.2600. The pair has recently seen a pullback from daily lows at 1.2740 and I see above 1.2800 as a good selling point for the retreat.
Trading Idea: Look for bearish reversal signals around 1.2850 with shorts favored down to support at 1.2600.
(click to enlarge)

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