Wednesday, September 7, 2016

Price Action Trading The Euro Currency Futures Range Resistance;

We came in today to find the Euro getting completely stuck at the quad up we talked about in the Nightly Newsletter last night. This area just kept holding the market down and any attempt higher failed every single time.

The last attempt up the buyers made slapped into the highs all in one shot and completely failed with a HUGE wick on the top showing complete exhaustion from the buyers as well as failure to breakout higher for sellers to push right back down again!

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