The downside risk on the is small compared to the upside reward. But the EUR/USD seem to be more inclined to fulfill the low end at or about 1.14 or maybe a little lower depending on the last movemen on rates.
How should we play this pair?
Managing RISK on the downside should be the strategy to follow.
Below is a complete overview on how we see fundamental pricing. The low end target on the EUR is at or about 1.14 in order to end the down cycle on this pair and start a new bull trend.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.