EurUsd Long Idea
Price previously attempted to break out of the trend which subsequently failed. We've since had a solid support get tested 3 times with no break through.
Fundamentally, we could start to see a weakness in the Greenback following POTUS' suggestions on implementing Tariffs against other countries.
We've seen today that countries are prepared to retaliate which would then start to devalue the Dollar. Long term view is for USD weakness should this approach continue.
Fundamentally, we could start to see a weakness in the Greenback following POTUS' suggestions on implementing Tariffs against other countries.
We've seen today that countries are prepared to retaliate which would then start to devalue the Dollar. Long term view is for USD weakness should this approach continue.
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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.