1.16 Appeared to Be a Strong Resistance for the EURUSD to Crack

The recovery of the EURUSD stalled at around 1.16.

The ECB minutes came out today were nothing new or fresh.  It was the same dovish stance.  There will not be any rate hike until later 2019.  The economic data front was light and the markets pretty much ignored it.

There has been 1 trade from my MT4 EA since the last update.  It was a loss.

The strategy can be found here.

The previous week’s result can be found here.

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