Bearish trends on EUR USD with Short recommendation
- The volatility of the currency,
inter-countries tensions
The devaluation of the USD as the petrol is going negative,
the record stimulus US package as well as no limit by the FDA
The remaining buying power of the world consumption is shifting toward stronger currencies for its underlying production and commerce.
EURUSD==> medium-term devaluation of the USD against the Euro.
Note
if the EURUSD pair reaches 1.06 with volume, it will breakdown until it reaches 0.92
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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.