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Euro / U.S. Dollar
Short

Short EURUSD

139
Short trade idea on EURUSD. Based on technicals, correlation (with JPY) and also a weakening economic outlook for the EU. The US has the ability to lower rates whilst the ECB does not. With recent data coming out of Germany, and many other issues (Brexit, Italy etc.), I believe there is further weakness for EURUSD.
Tall_Short
Trend Analysis

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Trend Analysis
Tall_Short

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.