Today in forex trading the major pairs (USD pairs) like the EUR/USD had strong movements. The USD was strong on most pairs and the EUR (Euro) was weak on all pairs. The EUR/USD pair had a sell signal on The Forex Heatmap®. This signal is shown below. This pair dropped to the downside along with several other EUR pairs. The EUR/USD is trending down on the higher time frames. We only see one more support level around 1.1150, then below there is has considerably more downside. We will look to continue to plan sells on this pair in our daily forex trading plans going forward. Our trend based trading plans and live signals work on seven major pairs and 21 exotic pairs.
Forex Major Pairs EUR/USD Sell Signal 2-26-2015