Fundamental/Sentiment Insight:
- Nothing change fundamentally as ECB confirm that they will be more less aggressive than Fed.
- USD will be strong across the board into the first Rate hike in March. (as per latest official comment)
- Big change that ECB will not hike the rate this year.
So we are still on strong bearish bias on EUR and Strong bullish on USD. Long term target for EUR/USD is 1.10000.
Trade active
Trade closed manually
Profit taken.. good healthy pips
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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.