looking back at EU the psychological support of 1.2500 was tested for almost three times before shooting up to the 1.2550 area. the test of the support for 3 times and also forming higher low was a clue that buyers are at large at that area and that the overall sentiment was rather bullish at the moment. Well, in the market we must always look at both side of the coin. eventhough we were bearish for the EU in the long term but sometimes we must take in short term view inorder to avoid bad trades.
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