The EURO pulled back from the support area at 1.1730 today as the Trump tax plan was rolled out. As traders we understand that whatever the reason the pundits give for the rise, it all comes down to buyers and sellers battling it out.
After the recent falls in the EURO a small retracement was overdue and if we go a couple of steps further forward, the best set up will be a further rise followed by a second push to the lows. |