EURUSD | Weak | 1.1450 – 1.1000
- ECB President Draghi’s stance suggests the need for stimulus requires only the status quo to persist, not that things get worse. A resumption of QE , for as early as Sep may be significantly EUR negative. In long term, EUR upside is possible on fading US fiscal stimulus and growth out-performance.
- EUR failed to move above 1.1200
- Support was found closer to 1.0925
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- ECB President Draghi’s stance suggests the need for stimulus requires only the status quo to persist, not that things get worse. A resumption of QE , for as early as Sep may be significantly EUR negative. In long term, EUR upside is possible on fading US fiscal stimulus and growth out-performance.
- EUR failed to move above 1.1200
- Support was found closer to 1.0925
Subscribe AutoUFOs: tradewithufos.com/tradeaviator
Twitter: twitter.com/tradeaviator
YouTube Get Togethers: youtube.com/c/tradewithufos
Get Together Schedule: tradewithufos.com/get-together
Community: tradewithufos.com/actiontime
Facebook: facebook.com/tradewithufos
LinkedIn: linkedin.com/company/tradewithufos
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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.