There’s not a whole lot to report on the Euro / US Dollar short trade that was entered yesterday at 1.2486. All I can say is that this market is at a resistance level and I would expect the market to come down from here. Of course if the market continues to move higher the trade is protected by the initial stop loss which is sitting at 1.2585. As for the other major Forex currency pairs I don’t see anything worthwhile to get excited about…if there was I would definitely point it out to you. Have a profitable day and hope this helps.
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