Cosmos Could Accelerate to the Downside
Cosmos has changed its direction to the downside in the beginning of October. Moreover, ATMUSD prices are accelerating to the south after a correction. The pair is seen to form another correction after touching a support of the downtrend today. In case of another correction, it would be interesting to consider short trades from 6.7550-6.8430 with a target at 6.2800, which is a September low. The stop-loss could be set at 7.0490, the high of October 4.
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