SELL EUR/USD (A Fundamental and Technical Outlook)

Updated
Results May Vary: 1.01-1.015 range of exit

1) Volume rally shows investor sentiment into USD as many countries are faced with tariffs from the Trump Administration with heavy FDI inflow.
- FDI will continue as foreign investors flow capital into GOLD/USD/CHF (safe haven) to offset local volatility.
- High likelihood Trump goes through with tariffs which would damage everyone, including US. However, US would be hurt less, solidifying US dominance as his pride. (Need to watch for every Euro Zone country accounts).
- Inauguration 01/20/2024

2) Euro Zone in heavy recession with rate cuts showing limited stimulation.

3) Investor sentiment, insane USD overvaluation short term.

4) Post market hours show price consolidating with complete flat line volatility.

5) Other factors also play in. EUR/USD trade compatibility allows KEY Government Leaders to make irrational decisions for benefit of own countries. Gov stability in Euro Zone will also attribute to EUR growth. Many factors to watch out for.

Note
Lmk what the rest of you think ^_^
Trade active
Rally after Trump tariff news and then recovered. Overvaluation period over. Data will support a EUR decline. Second zone respected. Add second short position.
Trade closed: target reached
Reducing 1/2 positions and waiting for retracement for more positions. Successful trade as usual.
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