elp

Observation EURUSD Trading to Parity?

FX:EURUSD   Euro / U.S. Dollar
The EURUSD pair seems to be in a downward trend towards a multi-year bottom. I believe the euro could try to trade towards parity with the dollar in the next few years, where the euro is in an a wave of Y. Levels I would look to sell the eurusd pair on signs of resistance, 1.32400 - 134150 to 134800 See weekly chart here. I could be 100% wrong, so it's imperative to use a stop loss that applies to one's risk tolerance.
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.