Trade Setup for the Day: Short EUR/USD (February 25, 2013)

EUR/USD consolidated around the 1.3150 and 1.3200 major and minor psychological support levels at the end of last week and continues to move sideways in that area today. The downtrend on the 1-hour time frame is still intact and suggests a potential continuation of the selloff. Take note that EUR…

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Trade Setup for the Day: Short EUR/USD (February 25, 2013)