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We still sell the euro

13 June 2016, EUR/USD

The third wave of downward momentum is being gradually formed. The price is dropping. While the most part of investors do not believe in a further decline, but at a certain moment, the price can accelerate its movement.

You can try cautious sales after correction by setting a Sell pending order with the Stop Loss at the local Low. So, a minor corrective upward pullback may take place, whereupon the pair will resume its drop.

Vasiliy Lukin
FreshForex Analyst
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