Bearish Euro Futures Trade Idea
Euro futures are showing a bearish outlook, with recent Eurozone data continuing to reflect economic struggles. Ongoing concerns over weak growth and inflation expectations are weighing on the currency, while the U.S. dollar remains supported by higher interest rates and stronger economic performance. As a result, I'm looking for further downside pressure, with the Euro potentially retesting key support levels.
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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.