Euro/Sterling is in a long-term downward trend. I aspect bit more downside momentum.
As long as we hit long term support around 0.779-0.776. I place a short-term long position.
The fundamentals shows us that Eurozone inflation is falling to 0.3 percent in November 2014 from 0.4.
Eurozone is heading to stagnation.
Entry @ 0.783
TP: 0.803
SL: 0.772
As long as we hit long term support around 0.779-0.776. I place a short-term long position.
The fundamentals shows us that Eurozone inflation is falling to 0.3 percent in November 2014 from 0.4.
Eurozone is heading to stagnation.
Entry @ 0.783
TP: 0.803
SL: 0.772
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Related publications
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.