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KrunchieKilleen
Nov 9, 2018 9:36 AM

EUR/USD AND BREXIT Short

Euro Fx/U.S. DollarFXCM

Description

Interestingly, my curved down-line meets the Long-term Suport Line at 1st April 2019, the date BREXIT comes into effect. Two forces pressing the Euro down in its relationship with the US Dollar are rising interest rates in the USA and fears of BREXIT. When it transpires that BREXIT will make little change to trading between UK and Europe (and the world), the Euro will begin its resurrection.
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