The EURUSD opened lower during the Monday Asian session.  It is trading near 1.1600. The EURUSD again was unable to break above 1.17.  The recent upward momentum faltered at around 1.1680. There has been 1 trade from my MT4 EA since the last update.   It was a loss. The strategy can be…

The euro reversed its trend abruptly and fell below 1.2300 again. The disappointing economic numbers from Germany triggered the euro’s decline today.  The euro was down more than 100 pips against the U.S. dollar before it recovered a bit.  The German Producer Prices fell 0.1% in February.  In addition, the…