EUR crosses/EUR/USD/FXWW News/Trade Ideas

EUR/USD: Look to crosses for main drivers

EUR/GBP, EUR/JPY and even EUR/AUD all look susceptible to downside moves and I prefer to play all of the above from the bearish side given present levels. I’m really not sure about EUR/USD, but if the crosses fall hard then it will also probably fall as well although it’s not inconceivable that it stays range bound for an extended period and the cross moves are driven through the ‘legs’.

Sorry, not much help to you here, best left alone imho.

Leave a Reply

Your email address will not be published. Required fields are marked *