Wednesday, May 28, 2014

Euro Currency Futures Day Trading Strategy; Selling structure resistance

Euro 6JJBar
I am watching the Euro continue to fall lower and lower with strong selling pressure to new lows.

I am waiting for price to catch a bit of profit taking to push price up to 1.3653 and 1.3676 to sell it back down again.

The target to the lows will first be the BMT's which will be in the middle at that point around 1.3630's with the final target back at the lows of 1.3597-1.3583.

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