The EURUSD Is about 200 Pips Higher Than Where It Was on June 28 but Can the Momentum Keep up?

The EURUSD moved higher right before the U.S. job data.

The EURUSD has gradually traded higher since June 28.  It’s currently trading slightly above 1.17.  The trade war begins officially today between the U.S. and China.  However, the effects will probably not be seen until months later.  The latest U.S. Fed June meeting minutes revealed that policymakers were wary over the intensifying trade disputes; however, they were still on track to raise the interest rates.

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

The strategy can be found here.

The previous week’s result can be found here.

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