EUR/USD: Simple Trading Tips for Beginner Traders – July 10th (U.S. Session)

EUR/USD: Simple Trading Tips for Beginner Traders – July 10th (U.S. Session)

Back Forecast

Back Forecast

EUR/USD: Simple Trading Tips for Beginner Traders – July 10th (U.S. Session)

Trade Review and Euro Trading AdviceThe

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Trade Review and Euro Trading AdviceThe test of the 1.1729 level occurred when the MACD indicator had already moved significantly below the zero line, which limited the pair's downward potential. For this reason, I did not sell the euro. The second test of this price coincided with the MACD being in oversold territory, enabling the execution of Buy Scenario #2. However, the resulting upward move, as you can see on the chart, was rather weak.As expected, the German Consumer Price

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