EUR / USD tried to penetrate the 1.3040 area yesterday Friday to resume its rally. but the attempt failed and the lead pair is back under 01.03 area
Currently 1.2750 area into a strong support below, and chances are that the market will take this pair to test that level.
If this scenario occurs then 1.2750 will be the determinant of whether the market will buy low or sell high.
Trade at your own risk. Do not trade forex as forex trading involves financial risk, and do not trade with money you can’t afford to lose. This is neither a solicitation nor an offer to buy/sell currencies / forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
0 comment(s):
Post a Comment