Long-Term Investors on EURUSD Should Short or wait until March/April
Historical Characteristics of EURUSD:
- The price goes up for around 9 or 10 months
- The price continues to go down for ~20 months
Current Scenario:
- The price has completed 9 months of a Bullish trend
- The price will continue to go down by the middle of 2025
- The long-term investors should consider taking #short on EURUSD
Some thoughts:
- The price will close below '1.103' in January
- The price will continue to go down in February
- We will see some bulls coming in the market in March & April
- And then price may continue to move down for ~20 months
Historical Characteristics of EURUSD:
- The price goes up for around 9 or 10 months
- The price continues to go down for ~20 months
Current Scenario:
- The price has completed 9 months of a Bullish trend
- The price will continue to go down by the middle of 2025
- The long-term investors should consider taking #short on EURUSD
Some thoughts:
- The price will close below '1.103' in January
- The price will continue to go down in February
- We will see some bulls coming in the market in March & April
- And then price may continue to move down for ~20 months