Fear, fear and more fear. What little difference a week makes, last week speculators were selling out of fear and now they buying out of fear of missing the move. No need to get caught in the panic, keep things simple. I have put together a trade plan for the Euro USD for the next few hours and possibly day or 2. The key is to let this market come to you; we have some very obvious levels of upside resistance for the Euro and a pullback is on its way. Remember buy at support in an uptrend and sell at resistance in a downtrend. Good luck and happy trading – David Pegler
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