EUR Trading Outlook (20-11-2013)
Initial resistance comes in now at a 38.2% Fibo near .9455 (see chart) but I find technicals in general to be quite untrustworthy in choppy sideways markets. I would still look to longer-term charts for signals but I tend to ignore the short term stuff. Pick a possible range and place your orders right on the extremities, that’s how to trade these types of markets in my view.
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