The euro has been trading at around 1.2250 for the past 24 hours in a narrow range.
The euro’s decline has stalled near 1.2211, but whether the level could hold, it is still yet to be seen.
Yesterday, the Philly Fed Harker said that he expected just two rate hikes in 2018. The rumors in the market were there might be 4 rate hikes in 2018.
There was a long position opened from my MT4 EA today.
The strategy can be found here.
The latest result can be found here.