Euro / U.S. DollarShort
Eurusd new period
Since 2017 eurusd has entered a new period of lower and negative interest rates which puts much pressure in maintaining the higher levels of previous decades. My take it will go as low to 1.1158 and rebound toward high 1.16s, one thing it’s clear the high value era it’s over. The USD will recover it’s passed losses in the market, but has to overcome the oil crisis.
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.