Always keep in mind when funnymentally analyzing a currency pair there is a reason why it is referred to as a pair. Two economies are involved.
But in the case of EURUSD besides the U.S. and EuroZone economies the other major trading parties and their currencies and interest rates (GBP, JPY, Yuan and lesser extent CHF) have to be looked at as well to clearly understand what drives long term moves.
That is why I'd rather just watch price.
But in the case of EURUSD besides the U.S. and EuroZone economies the other major trading parties and their currencies and interest rates (GBP, JPY, Yuan and lesser extent CHF) have to be looked at as well to clearly understand what drives long term moves.
That is why I'd rather just watch price.