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WhiskeyTangoFoxtrot3

No Deal Brexit Worse than Slower Growth

Euro / Dollar AS (FX:EURUSD)  
WhiskeyTangoFoxtrot3  
FX:EURUSD   Euro / Dollar AS
Trend Analysis Beyond Technical Analysis Fundamental Analysis euro eurodollar euroshort eurodollarshort eurolong eurodollarlong brexit ecb brexitargets
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trendanalysis beyondta fundamental euro eurodollar euroshort eurodollarshort eurolong eurodollarlong brexit ecb brexitargets
I've talked extensively on how a no deal Brexit is more likely here:
GBPUSD Unsure, But Brexit Votes Edges Closer to No Deal
This is primarily my reasoning behind why I'm neutral to short on EURUSD in the medium- to long-term (1 to 3 months). There's plenty of other good reasons to be short EURUSD including continued weak data releases from the Eurozone, possible continuation of a recession in Italy, and potential negative growth for Germany in Q1 2019. While I think that the euro can make some moves to the upside, it is still probably limited to the downward channel with short-term monthly resistance in spite of a break in this resistance last week. For more, check out www.anthonylaurence.wordpress.com
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