TD is looking for a weaker EUR/USD - trade recommendation

Author: Eamonn Sheridan | Category: News

TD on the US dollar and euro.

  • US on track to outpace other economies in administering vaccine
  • could “hit the 15% monthly vaccine rate sweet spot by late April” 
  • Germany appears able to achieve a similar pace,
  • other EZ  countries to lag significantly
Looking for a weaker euro:
  • recommends short 1 at 1.22
  • look for a break below 1.20 in the next month or so,

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