MohamedkFX

EURUSD Monthly Idea (Short-term "Long") (Long-term "short")

שורט
FX:EURUSD   יורו / דולר אמריקאי
the EURUSD is been struggling over the past 2 years with an obvious strong down trend, I believe that this pair is going to be dropping lower on the long-term. However, in the short-term we should see a decent bullish reversal.

Key notes to keep in mind >
* Europe are facing a slow moving recession. In Addition, watch for the Fed interest rate cutting strategy because it influences this pair strongly!
* Keep an eye out for trade talks between the U.S and China because that can help both economies recover as well as Boost the European economy. Trade war applied so much pressure on Europe.
* Watch for brexit talks!


Trade Cautiously and Good Luck!

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