Neadless to say,ECB set the case for EURUSD trade.
They said they will increase stimulus likely in March.
Hence, the mood of EURUSD trade is SELL.
I believe EURUSD quickly backs to 1.0500 in the medium term.
That why I sell EURUSD to 1.0500 last week.
Look at on the chart, the most important thing I want to share:
EURUSD has had two months trading in a thick Kumo cloud. Today, E/U officially escape from Kumo cloud and extend the drop below Kumo.
It's mean E/U would fall more.
They said they will increase stimulus likely in March.
Hence, the mood of EURUSD trade is SELL.
I believe EURUSD quickly backs to 1.0500 in the medium term.
That why I sell EURUSD to 1.0500 last week.
Look at on the chart, the most important thing I want to share:
EURUSD has had two months trading in a thick Kumo cloud. Today, E/U officially escape from Kumo cloud and extend the drop below Kumo.
It's mean E/U would fall more.
