This was definitely the best euro pair to trade today.
We were given seven possible short opportunities which could have resulted in some nice profit.
When scanning the charts before we trade it is always good to see the angle and seperation of the two bigger moving averages.
If the first move of the day is a powerful one taking price nicely away from the 200 and 55 MAs then it is more likely that we have a bearish trend for todays trading session.
Wishing you the Best of PIPS…