Houston, the Euro Seems to Have Some Troubles at Around 1.1830

The euro today seemed to be capped at 1.1830.

The EUR/USD advanced higher earlier before the U.S. opening, inching close to the Monday high of 1.1833; however, it did not look promising.  It did not seem to be able to break higher.  The U.S. tax bill approval looks priced in as the euro is trading higher none the less.

The reactions to the tax bill by the U.S. markets were mixed.  The equity market traded higher on the hopes that the bill would be good for the corporate earnings in the short-term.  The treasuries stayed more or less the same.  The U.S. dollar moved lower against all major currencies.

There have been no activities from my MT4 EA since the last update.

The strategy can be found here.

The latest result can be found here.

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