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After experiencing a 25.55% bearish move in the space of 27 days, nobody knows where ETHEUR is headed.

ETHEUR dropped sharply for 26 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in ETHEUR there is a chance that we will witness a correction, no matter how brief.

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GBPUSD formed a Channel Up on the 4 hour chart. Retest of resistance in sight.

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