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EUR/USD: Trading Tips for Beginner Traders – August 21 (U.S. Session)
Review of Trades and Trading Tips
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Review of Trades and Trading Tips for the EuroThe test of 1.1705 occurred when the MACD indicator had just started moving upward from the zero line, confirming the validity of the entry point for a long position in the euro. However, even following strong eurozone data, the euro failed to make a significant advance, indicating that the market is overbought.Eurozone manufacturing posted its best performance in more than four years in August, with the Manufacturing PMI surging to 52.8 from
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Jakub Novak,
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© 2007-2026
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Pavel Vlasov
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