The Euro reached the target for the bearish reversal at 1.27, which was the support at 1.25. It is important to understand that going into the markets in extreme levels is dangerous, and the technical trader has to wait for correction & reversal patterns, and not to attempt to enter the market just because it looks like the Euro cannot find the bottom. If the euro continues falling, the next support waits down at 1.215, but it is likely to correct up before it resumes sliding.
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Please, just slap me around if I'm being silly ...
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There are two opinions in this world, Mine and the wrong one...
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“Don't cry because it's over, smile because it happened.â€
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There are two opinions in this world, Mine and the wrong one...
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Daily Target: 20 pips
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COT: The precious data ignored
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Trade What You See Not What You Want To See
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Trade What You See Not What You Want To See
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Trade What You See Not What You Want To See
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Trade What You See Not What You Want To See