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Talking Points
- EUR/USD Technical Strategy: Short at 1.3362, initially targeting below 1.3148 (23.6% Fib exp.)
- A break of trend line support set from July bolsters the Bearish Engulfing setup noted last week
- The stop-loss has been set to trigger on a weekly close above 1.3577
Confirm your chart-based trade setups with the Technical Analyzer.
Weekly Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency Strategist for DailyFX.com
Contact and follow Ilya on Twitter: @IlyaSpivak
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