Lacunoide
Short

Very Simple Chart: Will EURUSD reach 1.2500?

FX:EURUSD   Euro Fx/U.S. Dollar
36 0 0
I posted this very simple chart to show the strong downtrend of the EURUSD             .

The pair is going down pretty nicely and it can go even further down.

The main reason for the downtrend seems to be the positive swap... Actually if you are shorting the EURUSD             you get paid a small amount of money every day.

If the federal Reserve rises interest rate in the near future this trend will continue.
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