The Euro Is Near 1.19

Houston listened.  The euro broke away from 1.1850.



Yesterday, the EUR/USD advanced to 1.1833 and then it stalled.  Later in the day, it was stuck at 1.1850.  The U.S. tax bill approval looks priced in as the euro is trading higher none the less.  The reactions to the tax bill by the U.S. markets were mixed.  The equity market traded higher, but not quite so for the treasuries and particularly for the U.S. dollar.  In fact, the U.S. dollar has been weakening against all the majors since the tax bill was a done deal.

There have been no activities from my MT4 EA since the last update.

The strategy can be found here.

The latest result can be found here.






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