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#SaxoStrats: Selling EURUSD
Saxo Bank’s Head of FX Strategy John Hardy is looking to sell EURUSD ahead of the next FOMC meeting. In his latest #SaxoStrats video, John talks us through his trade and explains his reasons for it.
Entry: Short EURUSD near 1.0700
Stop: >1.0755
Target: 1.0555 and 1.0485
Time horizon: Take off Tuesday April 28 if position is still alive
01:13 minutes
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