POTENTIAL SHORT EURUSD
I'm interested to short EURUSD because
- right now the only upcoming geopolitical event is the U.S & China trade deal which if all goes well, it will boost the global economy and USD
-The Christmas rally and the fact that 2019 is another great year for U.S equities will lure more money inflow for 2020 into U.S market = demand for USD
-U.S economy is still resilient and FED on hold but still promising than ECB on the easing path
-Ongoing political and economic instabilities over EU on Italian debt, France protest, EU & UK Brexit deal next Jan 2020 all bearish for EUR
-If we end the year in risk-on sentiment, more buying strength will flow into USD
- right now the only upcoming geopolitical event is the U.S & China trade deal which if all goes well, it will boost the global economy and USD
-The Christmas rally and the fact that 2019 is another great year for U.S equities will lure more money inflow for 2020 into U.S market = demand for USD
-U.S economy is still resilient and FED on hold but still promising than ECB on the easing path
-Ongoing political and economic instabilities over EU on Italian debt, France protest, EU & UK Brexit deal next Jan 2020 all bearish for EUR
-If we end the year in risk-on sentiment, more buying strength will flow into USD
Toronto Living with Enho Kuo
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🏠 Buy Real Estate for Long-Term Growth
💱 Forex Trading for Short-Term Profit 📈 9%
🎭 Actor for film/tv
👇 Subscribe to the weekly newsletter
enhokuo.com
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