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Level and Target Adjustments for the U.S. Session – June 24th
Today, the euro, the British pound,
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Today, the euro, the British pound, and the Australian dollar were traded using the Mean Reversion strategy, but the results were disappointing. I did not take any trades based on the Momentum strategy.Although business sentiment in Germany is showing signs of improvement, this is doing little to support gains in the euro. According to the report, the Ifo Business Climate Index, a key gauge of business sentiment, rose to 85.6 points in June from a revised 85.0 points in May.
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Miroslaw Bawulski,
Analytical expert of InstaForex
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Maxim Magdalinin
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