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UTOMAN

Bearish trends on EUR USD with Short recommendation

Short
Euro / U.S. Dollar (FX:EURUSD)  
UTOMAN Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Beyond Technical Analysis dollar USD EURUSD eurusdshort eurusdprediction
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trendanalysis beyondta dollar usd eurusd eurusdshort eurusdprediction
  • The volatility of the currency,
    inter-countries tensions
    The devaluation of the USD as the petrol is going negative,
    the record stimulus US package as well as no limit by the FDA
    The remaining buying power of the world consumption is shifting toward stronger currencies for its underlying production and commerce.
EURUSD

==> medium-term devaluation of the USD against the Euro.
Comment:
if the EURUSD pair reaches 1.06 with volume, it will breakdown until it reaches 0.92
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