EUR/USD is bullish because everyone is bearish
Two bullish cases -
1. everyone seems to be on the same side of the market i.e. the short side
2. QE in Europe should attract funds to the European market which will increase the demand for EURO.
1. everyone seems to be on the same side of the market i.e. the short side
2. QE in Europe should attract funds to the European market which will increase the demand for EURO.
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.
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.