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Eur/usd update and setup (Mar 13)

The euro gave a few bounces yesterday for 30-40 pips as the 1.55 area was being tested. After that it pushed into new high territory making a high of 1.5622 during the London session. Whether or not you were able to pull off a few small winning trades or had a trade that didn’t work out as expected, the important thing is to stay nimble and be patient for the next setup. There is a correction coming around the corner.

Look to sell the eur/usd around 1.56-1.5650.

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