Global Financial Engineering: EUR/USD
The EUR/USD is one of the most traded currency pairs in the world. This pair represents the world two largest economies and has faced most volatility since the inception of the euro in 1999.
We are currently bullish on the EUR/USD targeting 1.1471 with a trailing stop at 1.1253.
This is a short to medium term reversal trade since the primary and secondary trend is bearish.