Wednesday, May 7, 2014

Euro Currency Futures Day Trading Strategy; Selling strong resistance above

Euro 30-Minute
The Euro has pushed down into the cloud where we had a minor blow-off of the lows with price rising right back up again. This gives us a VERY strong area of resistance to look to sell above at 1.3943 as well as the previous high at 1.3950 and the top of the sell zone at 1.3956. The target will first be back at 1.3925 or so with the final target back at the start of the move at 1.3912 - 1.3903. Make sure to hop in the Live Trade Room to see us take it LIVE!

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