Hi guys, the EURUSD
has been grinding higher over a past few days. Most technical and fundamental analysis
suggested a continued bullish
move. However, I won't buy (again) until we see a break above short term down trending resistance. I went long after the second bounce off of support. I will add to my position if we break above resistance.
The market barometer supports a weak USD:
This is not investment advice, just my opinion(s). Please trade accordingly.
Trade safe and keep an eye on news.