The Euro Is Trending Quietly Lower

The euro is trading within a 60-pip range.

The EUR/USD gapped lower on Monday when the Asian markets opened.  After the initial rebound but it was unable to close the gap, it has been trading gradually lower since.  However, there hasn’t been very much movement.

As expected, the U.S. tax reform sent the U.S. dollar higher against all major currencies. 

There have been 2 losses from my MT4 EA since the last update.   They were triggered last Thursday and Friday.

The strategy can be found here.

The latest result can be found here.

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