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: www.tradewithufos.com/tradeaviator
Twitter: www.twitter.com/tradeaviator
YouTube Get Togethers: www.youtube.com/c/tradewithufos
Get Together Schedule: www.tradewithufos.com/get-together
Community: www.tradewithufos.com/actiontime
Facebook: www.facebook.com/tradewithufos
LinkedIn: www.linkedin.com/company/tradewithufos