Strategy: Short, Stop: 1.2500 (Close), Target: 1.2270Struggles Below Key Level With Candlestick Signals LackingShooting Star Signaled An Early Warning For A Retreat EUR/USD’s consolidation between the 1.2360 and 1.2500 trading band continues, with clear cues from candlesticks lacking. Yet in the context of a medium-term downtrend the pair may be set to revisit the recent lows near 1.2360. Beneath which would put the August 2012 trough at 1.2250 in sight. A close above 1.2500 ...
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