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EXACT TRADING FX Trading News and Early Morning Review |
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EURO and GBP drop back as more time need for upside move
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| The EURO and GBP both sold off in early tradind and never really recovered their momentum.
At the time of writing the sell of by the Euro is only 80 pips but this represents a retreat from the potentila break higher noticebale ths morning. More time is required by both pairs and possibly a sideways continuation trade is currently setting up.
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