PlazoSullivanRocheCapital

Short for quick Profit then Long after Retracement

FX:EURUSD   Euro / Dollar AS
The market is in an overextended bullish phase on the Monthly, weekly and daily view. Expect a corrective retracement this Monday/Tuesday to the downside for about 50 to 80 pips, before a potential continuation to higher highs.

Institutions have put int 15.2k BUYS last Tuesday and this supports LONG moves after watching the reaction on the drop early this week

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