Going long here:
Entry:1.1120
SL: 1.1116
Entry:1.1120
SL: 1.1116
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FED will not enter an easing cycle
ECB will introduce a new QE program before year ends & cut deposite rate further down
DislikedSupport for the € will only come from Trump administration action, a intervention, not the FED or the ECB.
Not to say this base of support for the € is too slow to develop because Trump does act fast, but it will take time to make it into a tradable macro idea.
For now is selling the rips if any, and look to prices below 1.10 in the next weeks, depending how fast the Trump administration acts.Ignored