August 24, 2016

Market Psychology Of The Euro Currency Futures Breakout Morning; SchoolOfTrade.com


We came in today to find the Euro Currency Futures getting beaten up pretty badly in the overnight session with a big gap lower underneath the large 1.3000 BRN area. This gap lower will be seen as a breakout attempt with a good likelihood of success.

The open kicks off a small range start that broke down aggressively lower showing bears have control as expected and to keep selling every chance you get!

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