Euro/Sterling is in a long-term downward trend. I aspect bit more downside momentum.
As long as we hit long term support around 0.779-0.776. I place a short-term long position.
The fundamentals shows us that Eurozone inflation is falling to 0.3 percent in November 2014 from 0.4.
Eurozone is heading to stagnation.
Entry @ 0.783
TP: 0.803
SL: 0.772
As long as we hit long term support around 0.779-0.776. I place a short-term long position.
The fundamentals shows us that Eurozone inflation is falling to 0.3 percent in November 2014 from 0.4.
Eurozone is heading to stagnation.
Entry @ 0.783
TP: 0.803
SL: 0.772
