Euro / Dollar ASPenjualan
EUR/USD SELL AT 1.0900
POTENTIAL TRADE: EUR/USD
EUR/USD is currently experiencing down-trend market structure. Over the past 15 days, it has dropped a severe 2.8% and continues to decline. We expect this downtrend to continue. This currency pair has experienced 12 consecutive bearish days with minimal pullbacks. The Euro continues to weaken today (-0.45%), as data on the German Economic Sentiment was released and the figure was 8.7, where the forecast was a whopping 20.0. We believe that EUR/USD will continue to decline before hitting valuation extremes. Bulls continue realizing losses and the hope for a trend reversal continues to fade away. The European economy remains very vulnerable to manufacturing slow down.
EUR/USD is currently experiencing down-trend market structure. Over the past 15 days, it has dropped a severe 2.8% and continues to decline. We expect this downtrend to continue. This currency pair has experienced 12 consecutive bearish days with minimal pullbacks. The Euro continues to weaken today (-0.45%), as data on the German Economic Sentiment was released and the figure was 8.7, where the forecast was a whopping 20.0. We believe that EUR/USD will continue to decline before hitting valuation extremes. Bulls continue realizing losses and the hope for a trend reversal continues to fade away. The European economy remains very vulnerable to manufacturing slow down.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.