EURUSD: Speculating on trend resumption

FX:EURUSD   Fx Euro/Dolar U.S
My trade is to go long the EURUSD             above the key 1.1660 level, and key low. Risk reward is attractive with good upside potential.
I would stop my loss if price breaks 1.1660 with at least a daily closing. In that case correction might extend. But even in that case, i will be looking to long the EURUSD             at lower levels.

I remain overall positive euro             and negative USD unless an unexpected economic development shift current monetary policy outlook.

My view is basically based on central banks medium term outlooks, as the USD has already priced in and absorbed all monetary policy tightening expectations in the past years. On the other hand, the euro             has plenty of catchup to do to price in a relatively tighter monetary policy by the ECB.

The Interest rate differtials on 10-years bonds between u.s. and germany illustrates the recent trend in market expectations. You can view here.

Kindest regards
I teach my experience conclusions in 10+ trading strategies. PM me for details and cost.
Thankyou For this analyses.... Great work
You are smart
thanks! I agree
thank you
Awesome !
Good EW count. Keep it up bro
hi @Technician! have you already placed a pending order?
I'm with you man! Let's see how this play out. I'm already in the money hopefully it stays that way.
What is your opinion of the Euro long term? regarding Catalonia, Brexit, Germany coalition etc....
Technician Tower1234
@Tower1234, Bullish is my view.
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