After two months of falling, the EUR/USD is pushing to the north. The key questions are: where will this run end and will you know how to take advantage of it? This trade alone could capture 1,800 pips ($18,000 USD per standard lot) under current market conditions. There could be many other trades with this kind of potential. Take a look at the EUR/USD’s recent activity in the chart below:
Trading successfully requires a firm understanding of both technical and fundamental analysis. Learning how to combine both types of analysis can help Forex traders make educated, non-emotional trading decisions.
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