Trade of the Day
The Euro lost some major ground this week because of a downturn in the U.S. Stock market. The fear is coming back and it appears as if the recovery that everyone was so excited about is not happening as expected. Lets go straight to the daily chart and see what we have. Daily Chart We can see that the pair has been trending upwards for some time now. Also notice the blue trendline is currently being tested. If we see a break of that trendline on the daily chart we could