Wednesday, June 4, 2014

Euro Currency Futures Day Trading Strategy; Selling supplied highs at resistance

Euro 12JJBar
I am watching the Euro get hung up in a big consolidated range at the lows and it continues to chop around that area.

I am waiting for price to attempt to breakout of the high side for a fake-break back down to sell at 1.3719 and 1.3771.

The targets on the way down will be the BMT's floating in the middle of the range at 1.3643 with the final target back at the lows from 1.3598-1.3568.

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