Well what a day yesterday. All my EUR trades closed in profit last night which was very pleasing. At present I’m looking to sell EUR rallies. (for beginners that means because the trend is bearish I will sell when it goes up rather than trying to buy in at the base of a rally). This is the daily EUR chart at about 7:30 this morning, could we be heading all the way down to 1.2500?prophets of the FOREX on trading view this morning talking about a run up to 1.3 then down but I can’t really see what would fuel that kind of move. USD data seems good at the moment and EUR data bad, why will that suddenly change?
Anyway have a good day everyone and if you have any questions or comments please don’t hesitate to post them.