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If it only was always this easy


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The EUR/USD chart is one for the textbooks

This is one of those charts where you look at it and say — geez, that worked well. EUR/USD bounced almost precisely from support at 1.1301 with a low yesterday at 1.1302.

You could have bought it with a two-pip stop at support, taking virtually zero risk. Here we are a day later at 1.1408.

If only it was always this easy.

Congrats to anyone who was long. I can’t say that I was optimistic about a bounce.

ForexLive

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