EURUSD broke below the MA50 (1d) for the first time since August 2nd, which is a technical sell signal. The MA50 (1d) has been the pivot of the Ascending Triangle and every break below it has delivered more downside.
Trading Plan: 1. Sell on the next rebound to the MA50 (1d).
Targets: 1. 1.078000 (Support A).
Tips: 1. The MACD (1d) is posting the same pattern of the December top. Technical sell signal.
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