ForexTrendline

New sells and a new bottom on EURUSD

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FX_IDC:EURUSD   Euro / Dólar Americano
After a sharp move up during the Interest rate decision yesterday has actually showed us what will be the main direction.

Once again, we're heading towards a breakout of the previous lows and our next target at 1,0400.

That gives us new opportunities with stops above 1,0642.

Today we're expecting the NFP which will most probably cause big moves again and it might lead to a new low on EURUSD.

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