In today's pre-market prep, we take a look at the EUR/USD market as well as several others. In the EUR/USD, you can see that we have had a major upside breakout, moving past a key resistance area by about 100 pips. With this move, the resistance level will now turn to support as the market begins to trade above it.
To learn more from Jerry and the team over at ATW, be sure to register for the ATW Pre-Market Analysis!
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Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.
