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31/03/2014: I have just sold EUR/USD @ $1.37762


The Eurozone inflation data should be negative for the Euro once the initial volatility calms down. I think this jump is therefore a chance to sell.

There is a band of resistance $1.3776/$1.3796. Also the 200 hour moving average is a basis of resistance at $1.3793.

I have placed my stop at $1.38160 (40 pips) which is above resistance within the downtrend at $1.3808


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