EURUSD PROFIT

EURUSD PROFIT
28th October 2016 contacttf
This is the most popular currency pair in the world, representing the world's two largest economies. The Euro was created to facilitate cross-border trade of European trading partners.

I saw some resistance on the 1 day chart. The Ichimoku cloud helped to confirm the trade entry and resistance area.

I closed out using TF1 = Method 1 system for a $scalp $trade

BREAKING DOWN 'Currency Pair: EUR/USD (Euro/U.S. Dollar) ' The value of the EUR/USD pair is quoted as 1 euro per x U.S. dollars. For example, if the pair is trading at 1.50 it means that it takes 1.5 U.S. dollars to buy 1 euro.

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