Trade Of The Day: FXE

11/19/12 08:21PM EST

Today we shorted the CurrencyShares Euro Trust ETF (FXE) at $127.13 a share at 3:12 PM EDT in our Real Time Alerts. We'll continue to short the Euro when our levels and methods say we should; today was a day where we felt comfortable doing so. The Euro remains in bearish TREND formation while the US dollar bullish formation remains in tact.

Trade Of The Day: FXE - image001

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