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EURUSD: Simple Trading Tips for Beginner Traders on August 18. Analysis of Yesterday's Trades on Forex
Trade Analysis and Tips for Trading
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Trade Analysis and Tips for Trading the European CurrencyThe price test at 1.1591 occurred as the MACD indicator began to move downward from the zero mark, confirming the correct entry point to sell the euro. As a result, the pair declined by 20 pips.A strong manufacturing report from New York set the tone for afternoon trading and supported the dollar. The Empire State index rose to 20.6, reflecting the highest business activity in the state's manufacturing sector in recent years.
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Jakub Novak,
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