KQMarkets

EURUSD short

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FX:EURUSD   Euro / Dólar Americano
EURUSD has gone up since our last analysis as US/China trade tensions escalated leading to downward pressure on the dollar but we maintain our long term short position and we will look to add to it around the next key Fibonacci resistance level at 1.12858. Looking forward we will be monitoring upcoming data releases starting with the release of ISM manufacturing tomorrow as well as the ECB rate decision and subsequent Mario Draghi speech tomorow.

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