What Is the Element That Can Move the Euro Higher?

The euro seemed to be building the short-term bottom between 1.1554 and 1.1660.



Should the euro be able to break above the $1.1660 level, the main resistance from the current level would be 1.1690, and followed by another resistance at 1.1750.

The 2nd trade of the week was opened last Thursday in my MT4 EA.  Currently, it is up about 30 pips.  It needs another 25 in order to close.

The strategy can be found here.

The latest result can be found here.




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