-
Three Ways to Trade the Recent Euro Strength
The euro has been stronger as of late, and is seeing strong movement higher again on August 19/20. When traders think of the euro, most think of the EUR/USD, but there are a number of popular pairs which can be used to trade euro strength. The longer term outlook of the EUR/USD was discussed on August 11 when the pair broke out of a triangle pattern. After the breakout the price pulled back to the breakout point and bounced off it. This makes it appear that the upside breakout was legitimate. The pattern provides a target near 1.16. Another pair, and way to trade the euro, is via the EUR/GBP. The 4-hour chart shows ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Aug 21, 2015 8:50am Aug 21, 2015 8:50am
- TheCaveman
- | Joined Jul 2015 | Status: Member | 49 Comments
- Comment #2
- Quote
- Aug 21, 2015 4:21pm Aug 21, 2015 4:21pm
- FXMasterSK
- Joined Aug 2013 | Status: Going with the flow | 19 Comments
- Comment #3
- Quote
- Aug 22, 2015 4:42am Aug 22, 2015 4:42am
- rajastar
- | Joined Feb 2015 | Status: Member | 1 Comment
- Comment #4
- Quote
- Aug 22, 2015 10:53pm Aug 22, 2015 10:53pm
- stt
- Joined Apr 2013 | Status: Always Learning | 8 Comments
Think : Trade : Live Life