EURUSD – Not worth the risk

Right now, the EURUSD is the last currency pair where I would look for a trade opportunity, just take a look at the next chart:

EURUSD
EURUSD

The EURUSD is trading in a not well defined range (not sure if it can even be called a range), no clear support & resistance levels, the Euro it’s being rejected at random levels, no clear direction in the LT charts, nor in the short term ones. So why would you trade the EURUSD? I see no reason, there are plenty of currency pairs where the market condition is way clearer.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .