neelyfx

Possible short opportunity for the EURUSD

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
I think we have a descending triangle forming that will take the Euro closer to parity with the USD. The fundamentals also have limited gas supply going in tot he EU and that can't be good for economic growth. I also saw an article recently where five EU countries are asking to a delay to the EU's ban on petroleum-driven vehicles. I do not have any trades currently in this market. Also, this is an idea for where the EURUSD is going and does not constitute trading advice. Seek advice from your financial adviser before executing any trade.

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