July 10, 2014

Euro Currency Futures Day Trading Strategy; Buying support back to new highs

Euro 6JJBar

The Euro has pushed a bit higher and formed a bit of a fake-break high giving us a support area to utilize to buy price back to a new high.

I am waiting for price to drop a bit lower to buy from 1.3589 and 1.3564 back  up to a new high.

The first target will be the BMT’s in the middle of the move sitting at 1.3620’s with the final target back up at the overall high at 1.3654.

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