Euro / U.S. DollarShort
EURUSD : SHORT
This may not be the consensus among market participants but I still see the euro going down in both technical and fundamental approach.
Fact 1: It is on a resistance level, and will likely hit a historical resistance level if it decides to go higher at 1.21
Fact 2: BREXIT is happening it will have negative impact on EUs economy with or without a trade deal.
Fact 3: USD = Safe Haven | at the end of the day USD will be the safe haven especially amidst the EU issues.
so yep. SHORT.
Fact 1: It is on a resistance level, and will likely hit a historical resistance level if it decides to go higher at 1.21
Fact 2: BREXIT is happening it will have negative impact on EUs economy with or without a trade deal.
Fact 3: USD = Safe Haven | at the end of the day USD will be the safe haven especially amidst the EU issues.
so yep. SHORT.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.