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New Forex Trading Signal: Sell EURUSD @ 1.0600

Sell EURUSD @ 1.0600. Take profit targets @ 1.0560 and 1.0510

Stop loss @ a close above 1.0630

EURUSDH4 | FXLORDS

Conviction:

On the 4 hours chart, the EURUSD pair reached the resistance level formed since last the beginning of the year and it’s showing weakness around the price 1.0600. The moving average is diverting from the CCI as a bearish trend line is formed. The CCI reached the overbought zone on both the 4 hours chart and the daily chart, which is confirming weakness in the pair.

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About Razi Hammoudeh

Razi’s professional experience was gained over the course of more than a decade working with leading Forex market makers in the Middle East, Asia and Europe where he learned about trading, financial instruments and global markets. Being exposed to the wide range of skills he acquired along the years, he continued to develop his trading strategies and further improving his track record in Forex trading. He used innovative business development strategies to find FXLORDS, helping it to rapidly become a major provider of education and trading tools to the successful trader. He is an enthusiastic individual, motivated by challenge and renowned for pushing the limits, always looking to gain some more experience and help as much as possible along the way.

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