In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we see that pound strength against the euro is a possibility.
Purely from a technical perspective, we look to identify strong levels of support and resistance in this currency pair. We can identify a strong level of resistance around the 0.8930 level.
This level has prevented prices from closing above over the last two trading days. On the shorter time frames, we have now see a couple of significant structural failures. Overall, we are looking for a high probability trade below yesterday’s low of 0.8890.
Pound Strength Against the Euro Is a Possibility – Full Video Analysis
Take your trading to the next level with our 14 Day, No Obligation, Free Trial. You will soon discover why we are trading’s best-kept secret. We are successfully building the world’s largest group of profitable traders and would like you to be part of it.
You can join for as little as $19.99 per month, no contract, cancel anytime. Just one profitable trade with us per month covers this amount, the rest is pure profit. You will benefit from unparalleled access to our professional traders, our transparent trading performance, our LiveTradeRooms and access to the most comprehensive trading education on the market. What have you got to lose? JUST CLICK HERE TO GET STARTED NOW and see how real money is made!
