First Stocks, then Euro Tanking – 10-09-12

EURUSD is giving automated pattern sell signals and indicator sell signals on 60, 240 and daily charts (see Euro charts below with complete analysis).

eurusd daily chart - euro tanking after stocks

euro 240-minute chart with analysis

Traders get short on rallies.

US and European stock indexes are selling off as suggested in our intra-day update yesterday.

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