The euro continued its decline against the dollar and fell sharply after the stronger-than-expected revised U.S. GDP numbers.
After the EUR/USD encountered the strong resistance near 1.2480 and was unable to reach 1.25, it reversed its course quickly. The fall was exacerbated today by the stronger-than-expected revised U.S. GDP numbers, which came in at 2.9%, 0.2% above the forecast.
There has been no trade from my MT4 EA since the last update.
The strategy can be found here.
The previous week’s result can be found here.