Forex Trading Ideas: EUR/USD Drifts Lower!

0
850
“Buy The Dips – Sell The Rallies!”

The EUR/USD had a bearish ‘Regular Divergence Trade Setup’ this week in the Forex Market. Giving Forex traders between thirty and eighty pips. Depending what your entry price was.

However, using the ‘Fibonacci Measuring Tool.’ We saw price bounce of the 38.2% Fibonacci level. Then it drifted down through the 0.00%. We have strong major support at 1.1000. And resistance at 1.1075

Regular Sell Divergence