Bad news for the euro and the dollar | 27 Marzo 2019
27 Marzo 2019, EUR/USD
EURUSD trading plan:
Germany's 10-year bond yield dived below zero percent. This element has a negative impact on the value of the euro. The dollar has problems. The Conference Board said Tuesday its consumer confidence index fell to 124.1 in March, below expectations for a reading of 132. Confidence among U.S consumers dropped in March towards a 16-month low. This is a bad signal for the United States economy! Now an interesting situation: bad news for the euro and the dollar at the same time. Now it is better not to trade and watch the market. The trend could be tomorrow.
Trading recommendation: range 1.1230 -1.1300.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
