Coin_Techs

EUR/USD Trending Lower on the Monthly, 2019 Should See Losses

Short
FX:EURUSD   Euro / Dollaro
EUR/USD has seen a small bounce on the monthly but is below support-turned-resistance. Some overhead resistance above but the story of 2019 will likely be a test of 1.05 once more.

Too many problems stacking up for the Euro and the U.S. will continue to outperfrom, especially with interest rates. ECB "can't raise, won't raise" and may even go to negative rates this year as their economy worsens.

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