Pashabxl

EURUSD: TOWARDS 1.15 or even bellow

FX:EURUSD   Euro/U.S. Dollar
228 6 4
ECB PResident cannot create inflation inside the EUROZONE market. and Eurozone memberstates cannot create growth yet. Therefore, if you cannot create inflation , you can import it. And that is what Draghi is trying to do. will he succeed? Yet I doubt but you never know.
Super Mario? That is a bit of a too much. He is just a monetarist..
I think first step is towards 1.30 then then towards 1.20-1.15
+1 Reply
We more or less all agree, and price action is giving us green lights thus far. :)
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1.20 or 1.30 first - what are the odds do you think?
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bekkerm timwest
Don't know, I trade as I see it. Trying to predict have proven me wrong many times...
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1.29-1.33 is what my wave interpretation would call for...before 1.18-1.2.
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1.30 first at the end of the move 1.29-1.31 downside bellow 1.25 to 1.20 and even bellow
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