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EUR/USD: Point & Figure signal

   The eurodollar 50pip 3 box reversal point and figure chart has given a bearish signal with a downside target at 1.2050. This could be traded by placing an order to sell at 1.2400 and a stop above the highs at 1.2700.

 

Forex4you analyst Joaquin Monfort

Analysis prepared by:

Joaquin Monfort
Forex4you analyst

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