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Bulls are losing initiative

15 March 2016, EUR/USD

The four-hours chart EURUSD. Yesterday Bulls had defeated missing the four-hours Supertrand line was broken through. Rising dynamic is lost and further pair growth is under the question. Bulls has possibility to consolidate above the four-hours Supertrand line. But now it is bearish initiative and we are expecting further pair decrease.

Trading decisions: hold on sells

Nikolay Krishtopov
FreshForex Analyst
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