Euro / U.S. DollarShort
EUR/USD - Parity Might Come Sooner Than You Realise
Happy new year traders!
This is a perfect time to do a review on EUR/USD as it's the 1st month where you see the beginnings of the 6-Month candle form, which can be very powerful for gauging a bias.
Fundamentals will play a strong role in determining whether we see 1 to 1 with the dollar but for the time being, short term market movements to the upside can be beneficial as it goes against the longer term bearish narrative
This is a perfect time to do a review on EUR/USD as it's the 1st month where you see the beginnings of the 6-Month candle form, which can be very powerful for gauging a bias.
Fundamentals will play a strong role in determining whether we see 1 to 1 with the dollar but for the time being, short term market movements to the upside can be beneficial as it goes against the longer term bearish narrative
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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.
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.