NOTE: With the Thanksgiving Holidays coming Thursday in the US, and banks shut down, liquidity is already drying up so be mindful of the potential changes in the Volatility.
EURUSD – Moving into Sell Zone (4hr chart)
Continuing the bounce from the range support, the Euro gained solidly today for most of NY trading. I’ll be looking to sell above 1.25, ideally closer towards the key range resistance with tight stops above the monthly high.
Downside target will be the lower end of the range. If a price action breakout looks likely, I’ll hold for a move down towards 1.21.
In today’s trade setups commentary for our members, we cover the Dow Jones, WTI Crude Oil & the German Dax. …... Keep reading