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OmarNAMOUCHI
Feb 25, 2020 11:03 PM

Watch for bounce on the EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

Hello Traders.

i am expecting the EURUSD to bounce for upside for two main reasons :

1/ US10yr Yeild is near 1.3% and the USD will be priced for rate cat to stimulate the market.
2/ Average EU bond Yield is back to 0%.

Trade with care.

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FEDERAL RESERVE BANK OF DALLAS PRESIDENT KAPLAN NOTES EVENTS AROUND OUTBREAK ARE STILL TOO FLUID TO SAY WHETHER INTEREST RATES SHOULD BE CUT- WSJ

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Update on DXY.
Possible move for down side.

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