Kamis, 25 Juni 2015

EURO VS US Dollar Forecast


So far, the longer term outlook for the dollar remains intact. It seems the currency pair faces difficulty breaking above the 1.15-level, which means levels between 1.14 and 1.15 seems like an attractive entry for a short EUR/USD exposure with a longer horizon. However, we would await the outcome of negotiations between Greece and its creditors before entering the trade(efxnews)


We could short Euro From 1.1255(If you want to keep this short for a longer time it will be Great, because I'm sure We will see 1.03 in the end of this year)
We expect to see a pullback
Our strategy Short on rally



Good Luck Trader


Regards

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