The euro once again experienced selling at the 2008 trend-line, further solidifying its importance; outlook turns negative heading into the new week.
Tyler Yell, CMT
Forex Trading Instructor
Expertise Technical Analysis, Sentiment, Intermarket Analysis
Average Timeframe of Trade 1-3 Weeks
Expertise price action - macro
Average Timeframe of Trade few days - few weeks
EUR/JPY continues to hold in a zone of support that's been relevant since last September. But bulls appear to be getting a bit more bashful after each of these support tests, begging the question: Will it hold for much longer?
Today, we discussed steps to build confidence as well as maintain it and restore it when necessary.Continue Reading