eurusd longterm outlook
short term: bullish we just broke out of a bullflag: 1st target: 1.1722
midterm: neutral -> no decision yet
longterm: in my opinion there is a possibility the eur goes lower like in 1999/2000, still the market did not make a decision yet. if we are heading towards another finalcial crisis like in 2000 (tech-giant again are in bubble-terretory), this scenario is the most likely. -> needs further confirmations
midterm: neutral -> no decision yet
longterm: in my opinion there is a possibility the eur goes lower like in 1999/2000, still the market did not make a decision yet. if we are heading towards another finalcial crisis like in 2000 (tech-giant again are in bubble-terretory), this scenario is the most likely. -> needs further confirmations
Note
target hit, but i do not sell yet. i think its definetly the wrong time to long the usd... the bullish case for the eur seems likely imo -> further upside in 2020
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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.