Weekly short position EURNZD
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Fundamental analysis : Looks like that trading war between US and China will end by the end of the year, as the global economy is slowing down. Trump said that he wants a trade deal with China before the presidential election of 2020, so this could bring emerging markets up.
Technical analysis : Sidways since late November 2017. The market did make another top now we could se a down turn to 1.72000 and then trail the profit all the way down to 1.70000 handle or lower, all depends if our strategy will follow during this trading month
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Fundamental analysis : Looks like that trading war between US and China will end by the end of the year, as the global economy is slowing down. Trump said that he wants a trade deal with China before the presidential election of 2020, so this could bring emerging markets up.
Technical analysis : Sidways since late November 2017. The market did make another top now we could se a down turn to 1.72000 and then trail the profit all the way down to 1.70000 handle or lower, all depends if our strategy will follow during this trading month
Feel free to visit our website: fxtradingservices.com
Instagram: fxtradingservices
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