Technical Analysis

If it solely was all the time this simple

The EUR/USD chart is one for the textbooks

That is a type of charts the place you have a look at it and say — geez, that labored effectively. EUR/USD bounced virtually exactly from help at 1.1301 with a low yesterday at 1.1302.

You possibly can have purchased it with a two-pip cease at help, taking nearly zero threat. Right here we’re a day later at 1.1408.

If solely it was all the time this simple.

Congrats to anybody who was lengthy. I can not say that I used to be optimistic a couple of bounce.

ForexLive


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