EURUSD

Posted by TradingForexProfit | 11:16 AM | | 0 comments »


Well after everybody speculated what the EURUSD will do on Monday after closing the week above the 1.40 level, everybody was a bit dissapointed yesterday to see no action. 


Today however is a different story. We now see the EURUSD trading around 1.39, 100 pips away from where it closed on Friday. A lot of people though that there will be a gap on Monday, that EURUSD will go to 1.41 etc, but that did not happen. Instead, EURUSD is on the verge of a mini-downtrend, given the fact that 1.40 was a tough psychological reistance.

Shorted EURUSD at 1.3907

0 comments