The sell signal has been given by the break out of 1.0740 and then, a lowest has been made on 1.0650. The break out of this level will give a new sell signal. The parity seems currently to make a correction. However, we maintain to trade only short positions as far as the parity is moving into its bearish channel. We could however cut your short positions if the price get back above 1.0750.
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