The EURUSD Headed Back Below 1.18 in Absence of Any Bullish News

The euro seesawed today and fell below 1.18 after the brief run-up during the early Asian session.

The euro’s short lived strength against the U.S. dollar from yesterday did not pan out.  The euro reversed its course and headed down toward the sub 1.18 level.

There have been 2 trades from my MT4 EA since the last update.  They were both losses.

The strategy can be found here.

The previous week’s result can be found here.

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