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| EUR/USD 4-hour chart, source:KR Futures |
cf. [EUR] Correction expected in Short term 2018 0519
This week ended recording the negative candle in euro currency. All charts of currency pair, EUR/USD and euro in the futures market showed the price fall.
It seems to be explicit the downward trend of euro. Though the price of euro soared just after German powerful Ifo business climate on Friday, it returned and continued its trend.
The downward trend doesn't tell the diving of price. There is always the correction. The correction may hurt traders' accounts in the derivative market such as futures and FX margin. Though short positions are gotten, the correction may demand you the loss cut in the explicit downward trend.
The short position is available but you need to get the position carefully not to be damaged by the correction.
You can send an e-mail to kmuk001@gmail.com for inquiry.
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Gjallarhorn, Heimdallr, EUR/USD, EUR, Euro, 걀라호른, 헤임달, 유로/달러, 유로화
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