The Euro Is Inching Its Way to 1.20

It’s the black Friday in the U.S. and the euro is having a very good day.

The euro is trending up and has pushed the U.S. dollar decidedly lower.  Actually, the U.S. dollar is lower against the British pound, Swiss franc, and the Japanese yen. 

The euro has broken above the important 1.1850 resistance.  It is now above 1.19.  Thanks to the release of the positive German IFO survey. 

The euro’s upward move did not generate any trading activity from my MT4 EA today.

The strategy can be found here.

The latest result can be found here.

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