Eur/USD: Trade Opportunities

Casey Stubbs– Winners Edge Trading

The Eur/Usd:
is currently at 1.3541 and is looking to challenge the resistance level of 1.3649. The pair just challenged the support level of 1.2500 and if that lower level breaks we could see a target of 1.3423.

The Euro (EUR) was mixed as profit taking hampered further gains and the market asked questions about the next move the ECB will make. Both cutting rates or QE from the ECB will lead to Euro weakness and may cap gains on the back of this equity rally.

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Casey Stubbs is the founder of Winners Edge Trading, which is one of the most widely read forex sites on the web. Winners Edge Trading has trained thousands of people to trade the Forex markets.

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