06/08/2011 15:11 UTC EUR swings lower as it weakens against the USD, GBP, JPY, CHF, NZD and CAD. Recent mid-term strength indicator reading for EUR is 5 out of 8, thus suggesting that the current swing may be non-sustainable.
STOR suggesting a beginning of short/mid-term bearish swing for EUR
The following pairs may gain the most from the recent swing action:
EUR/JPY (Short)
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