Thursday, October 3, 2013

Euro Day trading strategy;

Euro Anchor Chart
The Euro is in an up-trend on the anchor chart with a short-term trend that appears to be trading sideways as we begin the morning session in the US.
We can see a bullish price-channel with a support zone at the lows around 3567 which means we would LOVE to buy the lows around this area.

We see resistance above at 3630 and 3672 and we will use those for profit-target if we can get long today.

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