EURUSD: on the line of defense
And so, the Euro, as expected, retreated to the 1-st support line at 1.18025. Sales here have been stopped, but it is unlikely that they can be stopped at all. If in the very near future the price does not rebound from this support, then the 2-nd line of defense for the Euro will be 1.17530. Consolidation at the 1.18025 level is likely to lead to a fall as well.
Remember, there is no place for luck in trading - only strategy!
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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