Citi short EUR/USD at 1.0850 on Tuesday
- target 1.0500
- stop 1.1010
Citing euro as particularly vulnerable against the USD with a China-centric growth disappointment
- spread of coronavirus to Italy could hamper Europe GDP growth
- EUR still one of the best carry shorts against the USD in G10
- EUR fundamentals poor , short term rates negative
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Better entry currently available if you are interested.
