$EURUSD A perfect downward trend
Clear ongoing downward trend in the EUR/USD since March 2018. Perfect channel and trend going on for 14 months already. Shorts taking over the market with not a lot of risk.
The ECB keeps posponing the increase of interest rates while the US keeps breaking records in its main indexes like S&P 500 and EUR continues depreciating. 1.10 might act like a magnet for the price and derive it there. It would mean being at a almost 2 year low.
Overall analysis is bearish until there are clear reversal signs.
The Copilot
The ECB keeps posponing the increase of interest rates while the US keeps breaking records in its main indexes like S&P 500 and EUR continues depreciating. 1.10 might act like a magnet for the price and derive it there. It would mean being at a almost 2 year low.
Overall analysis is bearish until there are clear reversal signs.
The Copilot
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