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Eur/usd broke trendline

The pair has been climbing over trendline since 1.0330$ reaching major resistance at 1.0770$ which was the price before draghi press conference last december.

The pair has broken that trendline and it is expected to test the lower trendline and the 200h moving average both lying at the area between 1.0650-80$

So it is recommended to short the pair at current area 1.0725-1.0745$ targeting above mentioned area.

Wish you all profitable trading

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