The Euro is currently in a strong bearish trend. what we are experiencing is a retracement of that move to a major resistance zone in the area. we look to sell within the zone once we get our confirmation through what we have discussed in our private lessons. if the prices have a daily close above the zone, we will wait for a retouch of the zone to show that it has now turned support and trade the opportunity. For now, what the market shows us is that we have a strong downtrend.
Trade Smart. Manage Your risk.
Trade Smart. Manage Your risk.