Get started
jacektrocinski

Euro on the Decline

Short
Euro / U.S. Dollar (FX:EURUSD)  
jacektrocinski  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Trend Lines Fundamental Analysis USD EURUSD euro
5
2
trendanalysis trendline fundamental usd eurusd euro
Expect to see the Euro decline as Europe faces an energy crisis and we inch towards winter.

EUR/USD is on track to test parity once again.

The recent rally high closed just below the trend line and then started its march back down after hitting the 62 Fibonacci retracement level.

Related Ideas

jacektrocinski
Dollar Strength to Continue
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.