Chart of The Day $EURUSD 12-16-2016

On the EURUSD daily chart we can see that the pair is on a way to 100% of Fibo expansion of the last swing down 1.00907 level. Any bounce should be used for the short entries. Strong support down is 1.05000-1.05500 zone.

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


eurusd trend following strategy

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