Euro / DollaroShort
EURUSD short position
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Fundamental analysis : Not looking good for Euro as the data shows weak momentum for this currency pair. USD still shows strength fundamentally and technically.
Technical analysis : Overall still downtrend for this currency pair. We are still looking to enter with a short set up. This pair should go around 1.07000 handle in the next 3 months.
Comments: Be aware of ECB meeting on Thursday so we will probably not see much movement until then.
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Fundamental analysis : Not looking good for Euro as the data shows weak momentum for this currency pair. USD still shows strength fundamentally and technically.
Technical analysis : Overall still downtrend for this currency pair. We are still looking to enter with a short set up. This pair should go around 1.07000 handle in the next 3 months.
Comments: Be aware of ECB meeting on Thursday so we will probably not see much movement until then.
Feel free to visit our website: fxtradingservices.com
Instagram: fxtradingservices
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