Just as we indicated during the previous trading day, Euro continued to rally to the upper side and is still pretty much bullish both on the daily and on the 1 hour charts. As we mentioned during the previous day's forecast, we expect nothing but a possible momentum to the upper side. If you are looking at this chart right now, you may wait for a pullback to pick a low risk buy position. However, if the price pulls back down and breaks below the previous day's lowest low, then we will be looking for a possible long term sell position.
Trade Recommendations:
We're buyers
Trading begins with planning the expected profit and developing a strategy that aims to help you achieve the desired result. The most effective technique is to use invest-portfolios that contain different trading instruments.
FreshForex gives traders a ready-to-use portfolio. The instruments are selected in such a way as to reduce overall risks and at the same time ensure a relatively high return.
This is the eighth portfolio developed by FreshForex specialists. Each of the previous seven portfolios showed positive results, with a total return of 87.1%.