In our Daily Trade Watch video, we look for high probability trade setups that we can trade throughout the day. Today, we discuss how EURUSD is giving the best opportunity.
After a fairly non-eventful day’s trading yesterday, we don’t have a huge number of high probability trades. Overall, most markets are experiencing a bit of profit-taking. Additionally, they are in a secondary trend phase. None the less, the EURUSD seems to be giving us one of the better opportunities out there.
The euro doesn’t have much going for it from a fundamental or sentiment perspective but technically we have seen a number of structural failures to the upside on smaller time frames. However, we do need to see prices breaking above yesterday’s high and the 1.0900 level. So this is necessary for this trade to be classed as a high probability trade to the upside.
EURUSD Giving the Best Opportunity – Full Video Analysis
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