Friday, May 30, 2014

Euro Currency Futures Day Trading Strategy; Selling supplied highs in the downtrend

Euro 12JJBar
I am watching the Euro continue to slowly make its way lower with the current selling pressure to new lows.

I am waiting for prices to retrace back to 1.3719 and 1.3770 to sell it back down to lows once more.

The targets on the way down will be the BMT in the middle first at 1.3677 as well as the final target back at the lows of 1.3598-1.3568.

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