Nice confluance at 200 EMA and 1.8000 level, gave a worning to sell the EUR, H1 gave us a power close for early entries. At the end off day if we get a nice power close from the sellers, my confidance rating will justify a short on EURUSD.
Technical analysis is only conformational step to these positions.
A breif description of key factors behind this Position.
Recent macroeconomic trends and central bank policies support a bearish outlook on EUR/USD, with fundamental factors converging to strengthen the USD while weakening the EUR.
1. Divergent Central Bank Policies
2. Growth and Inflation Differentials
3. Geopolitical Risks
4. Market Sentiment and Positioning
**Conclusion**: The EUR/USD pair appears primed for a short position based on strong USD fundamentals against Euro weakness. This trade capitalizes on the economic and policy divergence between the U.S. and Eurozone and the USD’s safe-haven appeal amidst uncertain global conditions.