Wednesday, July 23, 2014

Euro Currency Futures Day Trading Strategy; Selling resistance back to new lows

Euro 6JJBar
The Euro has continued to fall lower and lower but has ran into a bit of a snag now with a fake-break low.

I am looking for price to rise higher up to sell at 1.3524 as well as at 1.3550 back down to a new low.

The first target will be the previous structure first at 1.3498 with the final target back to the low at 1.3456.

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