Nine-Trader

EURUSD - EUR needs to fall USD needs to rise

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FX:EURUSD   Euro / Dollar AS
EUR is under pressure because of negative interest rates. ECB needs to push EUR lower in order to rise inflation.

USD is waiting for some good news and is preparing for bullish run after the elections.

Technically nice channel appeared where I will short the pair for the next bearish leg.

My previous chart was EURCAD which doesn't have important correlation rate with EURUSD.

Good luck,

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