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EUR/USD, 4-hour (H4) TF
Euro started rising despite not having any support from important news. Technically, the situation looks like the beginning of an upward wave; however, there seems to be no strong upside potential, especially since a new rate hike from the Fed is ahead. High gas, heating and electricity prices in the Euro area is also a problem.
With this situation, it is safer to sell gradually, that is, ramping up selling volumes about every 80 pips. That is likely to prompt a large correction, or at most a downward reversal.
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