KQMarkets

EURUSD - Still Neutral

Long
FX:EURUSD   Euro / U.S. Dollar
We still hold a neutral view on EURUSD as the currency pair as not established a momentum in either direction aggressive FED easing and the already weak Eurozone economy severely impacted by the coronavirus. We would want to see EURUSD consolidate above support close to 1.10 before taking a long view as Europe eases it's lockdown amid signs of improvement of the coronavirus situation.

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.