Note the chart I posted earlier. For me staying bearish (other reasons as well) but chart wise as long as we stay below the 200 hour mva.
Stay tuned for an article I wrote with a video about using retracements to your advantage. Timely and highly suggested reading.
GVI Forex Jay Meisler 13:30:45 GMT - 11/10/2014
EURUSD Entry: Target: Stop: I posted this one hour chart on GVI Forex earlier. The gold line is the 200 hour mva, and has traded below it since Oct 29. This makes it a key indicator and only above it would suggest a greater risk of a retracement,
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