TradeTheIndex

Is the Forex Euro Selloff Over?

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
Hey Traders so in my last post I had mentioned that the Euro could be topping well amazing as it is the charts were right!

Of course the FED also helped by saying they are going to raise interest rates in the future.

Does this mean the charts are the Holy Grail of trading?

Ha ha ha I don't think there is a Holy Grail in trading but lets go back in time today to see why this trade worked out the way it did.

I will definitely be shorting the Euro now on every pullback as I truly believe the tides have turned for the market. I think could be just the beginning of a new bear market.

Where does everyone think the Euro is headed?

Enjoy!

Trade Well,

Clifford

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