Chart of The Day $EURUSD 12-07-2016

On the EURUSD daily chart we can see that the pair reached 38.2% Fibo resistance 1.08000 from November peak which turned downside support with rejection yesterday. Ahead of ECB tomorrow we could see some volatility, but downside extension seems more likely from here.

Happy trading! (click on the chart to enlarge it)



Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. If you want to learn all about it and become a professional Trader, sign up now and become a member here 

Regular plans

End of the year sale up to 50% off on three months and one year membership!

End of the year sale

How to determine a trend webinar recording+one month premium membership!

Educational webinar + One month membership

Scroll to Top