The Euro Encountered the Resistance at 1.19

The euro’s first attempt to break above 1.19 has failed since November 29.

The U.S. dollar seems to have no enthusiasm for the tax bill.  EUR/USD, GBP/USD, and AUD/USD all moved higher.  Although the stock market has been very excited about the passage of the tax reform bill, the U.S. dollar does not to share the same feeling.

We await the 2nd wave of the attack of 1.19.

There have been no activities from my MT4 EA since the last update.

The strategy can be found here.

The latest result can be found here.

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