Buy EUR/USD MT4 EA Incurred a Loss after the Euro Lost Its Steam at around 1.2290

The euro came back to where it started yesterday after the failed attempt to break above 1.23 during the early European session.

The EUR/USD is trapped within a 40-pip range.  Traders chose to ignore the trade war between the U.S. and China.  The economic data from the U.S. today was somewhat softer than expected, but it was ignored as well.  The U.S. job report on Friday is key.  Traders are waiting.

There was 1 trade from my MT4 EA during the European session, and it ended with a loss.

The strategy can be found here.

The previous week’s result can be found here.

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