The EUR/USD currency pair started today's New York morning trading session at its daily central pivot point (CPP). By the end of the European trading day, the euro established a new 17-week high against the US dollar. A profit of nearly 80 pips was the reward for traders who bought the euro at the CPP and exited the long trade at the monthly M4 pivot point.
Curt Wehrley
Twitter: @fxcoachcurt
Currency Strategist & Trader Coach
Licenses: Series 3, 34
FX Bootcamp
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