Tuesday, May 19, 2015

Euro Currency Futures Day Trading Strategy; Selling the channel back to lows

Euro 1597V
The Euro is forming a nice bear channel working lower of which we are breaking back below the midline.

I am looking to sell the midline as well as the channel highs back down for a low-test.

The first target will be the prior swing first at 1.1138 with the final target lower at the channel test.

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