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EUR/USD in 3 Days

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EUR/USD in 3 Days

…..why your stochastic is looking a bit overcooked.

We're currently in the middle of the largest retrace since the spawn of this downfall, and its only a little over 100 pips. From 1.3960 to 1.4248 to 1.3608, here is your summary of events. Reminder: it's only Tuesday.

ParaCurve

ParaCurve

Since 2008, ParaCurve (formerly NBT) has been a provider of a wide range of articles geared towards a common sense approach to trading using fundamental market analysis in conjunction with globally identifiable technical levels. Steve is a 21 year trader, having formerly worked as a sell and buy side global macro analyst for several of the largest financial institutions in the world. You can follow us on Twitter or Facebook. Series and support at FXS Analytics.

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