torreyfund

EURUSD Bear Flag

Short
FX:EURUSD   Euro / U.S. Dollar
Triple wammy. EURUSD -0.71% rallied on the rumor of rising interest rates, and the pain of a weakening dollar alone. Now it's time to buy the rumor, sell the fact that ECB will not be raising interest rates due to providing solvency for countries. There are tons of problems still in the Eurozone, Brexit now taking effect, and USD rates on the rise its time to watch the Euro -0.71% head to par.
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.