August 26, 2014

Euro Currency Futures Day Trading Strategy; Selling resistance back to new lows

Euro 6JJBar

The Euro has pushed down into a fake-break low giving us areas of resistance above to sell.

I am looking for price to rise higher to sell at 1.3232 as well as 1.3252, 1.3264, and 1.3284 back to the lows.

The first target will be the structure highs in the middle at 1.3215 with the final target back at the lows of 1.3180.

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