July 29, 2014

Euro Currency Futures Day Trading Strategy; Buying support back to a new high

Euro 6JJBar

The Euro has been falling quite firmly lower on a nice bit of selling strength lately.

I am looking for price to fall a bit farther to buy at 1.3410 as well as at 1.3381 back up to test the highs at 1.3486.

The first target will be the BMT’s in the middle around 1.3449’s with the final target at the aforementioned high at 1.3486.

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