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Quick Euro Bounce

Quick Euro Bounce

Euro FX CME:E61!

The Euro0.00%% , like Gold0.00%% , has been on a tear to the downside. We had a weekly signal fire off and we expect the Euro0.00%% to continue down. However, one of our favorite reversal trades is setting up and we will take the long side for a QUICK TRADE. This will not be a trade we hold long and we will keep stops tight. If we get a bounce we will look for the trigger to re-establish a short position.