EURUSD: TOWARDS 1.15 or even bellow

Euro Fx/U.S. DollarFXCM

Description

⋅ Oct 3, 2014 4:16 PM

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..

Comments

Pashabxl

⋅ Oct 6, 2014 12:13 PM

I think first step is towards 1.30 then then towards 1.20-1.15

IvanLabrie

⋅ Oct 6, 2014 12:40 PM

We more or less all agree, and price action is giving us green lights thus far. :)

timwest

⋅ Oct 3, 2014 4:40 PM

1.20 or 1.30 first - what are the odds do you think?

bekkerm

⋅ Oct 3, 2014 5:52 PM

Don't know, I trade as I see it. Trying to predict have proven me wrong many times...

IvanLabrie

⋅ Oct 3, 2014 7:08 PM

1.29-1.33 is what my wave interpretation would call for...before 1.18-1.2.

Pashabxl

⋅ Oct 6, 2014 1:08 PM

1.30 first at the end of the move 1.29-1.31 downside bellow 1.25 to 1.20 and even bellow