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The Euro Is Unstoppable Today and Challenging the Tough 1.2160 Now
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By rosered44
The euro continued to press higher today and the buy order opened earlier today during the European session closed with a profit.
The EURUSD moved lower this week decidedly. On the weekly chart, the uptrend trendline since 3/23/2020 is broken. The Parabolic SAR signaled the trend change a few ago. Now, it is confirmed by the broken trendline. We’ll probably see the euro move lower against the dollar in the coming weeks….
There has been 1 trade from my MT4 EA since the last update. It was a loss. The U.S. dollar overall average was at a rating of 88% – SELL. The EURUSD current support / resistance levels are: 3rd Resistance Point 1.22783 2nd Resistance Point 1.22239 1st Resistance Point 1.21676 Last Price…
1 trade has been closed since the last update. It was a loss. The total realized loss is $222. Last week, we ended at $1790 in profit minus interests and fees. After the loss this week, that brings our total net profit to $1568 minus interests and fees. The strategy…