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WinVested
Jul 14, 2019 7:28 AM

Long-term view (next 6 months or so) Short

Euro Fx/U.S. DollarFXCM

Description

Eurozone has been struggling as of late and the ECB has absolutely ZERO tools at their disposal to help (already zero-bound and never should have stopped asset-purchases in December - it's too late now). They're going to fail spectacularly soon, sending EURUSD to <1.05 by year-end and lower after that.

Comment

Oh, wow - can you believe that fundamental analysis works?! Position is the same... sub-$1.05 by EOY and par during 2020.
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