Bearish Euro Futures Trade Idea
Euro futures are showing a bearish outlook amid mixed economic signals and continued challenges in the Eurozone economy. Ongoing concerns over lower growth forecasts, subdued inflation, and recent dollar strength are likely to keep the Euro under pressure. This trade idea targets a move down to key support levels as Euro futures potentially continue their downward trend. Stops are placed above recent highs to manage risk, while focusing on a sustained bearish move given the current market sentiment.
Trade closed: stop reached
almost had it
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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.