hereunder is your video-analysis for the Euro FX currency futures:
The Euro is respecting resistance at the 1.2770-80 area, already tested once yesterday and tested again twice today in the morning . I believe we have a setup in place that should bring price into the 1.2620-30 area.
I think it is still early for longs as anticipated yesterday, I will wait for price to reach the 1.2620-30 area where participation from professionals and program trading is located. There will be multiple opportunities to jump on a very profitable swing trade in the coming days, given the Euro actually starts an intermediate move higher from 1.2620.
Today I have sent out the mid-week update to my subscribers, like the one I have send out on November the 7th, but including updated trading plans for the Euro and the S&P500. I will keep sending the mid-week update all day long to those who subscribe my free Newsletter.
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