05/03/2014: I have just SOLD EUR/USD at $1.37184

The break below intraday support at $1.3719 suggests the Euro is in a correction phase now.

Intraday moving averages have turned lower and momentum indicators are also corrective. A retest of $1.3692 looks on now, with the key low at $1.3641 possible.

I have placed my stop at $1.3750 (32 pips).

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