Hello guys,
In this video i show why i am looking for shorts on eur pair. The eur has been extremely weak especially since brexit. I expect the weakness to continue until fundamental changing news out of Europe. The weakness of the eur paired with Jpy a safe haven that withstands weak economic data gives me the strength to short eur again the JPY pair. In addition the effects of the corona virus on Europe are yet to show up in the numbers coming out of euro but we know for sure that the manufacturing, retail and tourism sectors were hit so we are just waiting on the effect to show up in the numbers and that should weaken eur
In this video i show why i am looking for shorts on eur pair. The eur has been extremely weak especially since brexit. I expect the weakness to continue until fundamental changing news out of Europe. The weakness of the eur paired with Jpy a safe haven that withstands weak economic data gives me the strength to short eur again the JPY pair. In addition the effects of the corona virus on Europe are yet to show up in the numbers coming out of euro but we know for sure that the manufacturing, retail and tourism sectors were hit so we are just waiting on the effect to show up in the numbers and that should weaken eur