Trade Setup of the Day: Short EUR/USD (March 4, 2013)

Another retracement opportunity is presenting itself on EUR/USD’s 1-hour time frame as the pair has been stalling above the 1.3000 major psychological level. Drawing a trend line connecting the highs of the price shows that the potential test level is at 1.3100-1.3150. US sequestration has been w…

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Trade Setup of the Day: Short EUR/USD (March 4, 2013)

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