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Trade of the Day: EURGBP

03 August 2022

Trade of the Day: EURGBP

The trend at the moment is downtrend market. We are focusing on looking for short positions on general.

We will be looking for the resistance trend line near when the price testing it. Since the trend still a steady downtrend, we will focus on the short position near the resistance trend line.

Or

If the price break above the resistance trend line, we will wait for the price to test even higher resistance trend line to look for short positions.

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