Here is the re-affirmation of the last long term bearish eurusd trade:
the outlook for the euro has deteriorated as the UK leaves the euro, setting the stage for more political turmoil within the EU. The next big euro crisis seems like it will be centered in Italy...
Comments
CableRider
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Love it. Flush euros like toilet paper. With Draghi's printing machine on this is a nobrainer.
NareFx
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okay, i am watching this chart now, this should be interesting considering other uptrend chart analysis i have seen so far. fingerscrossed ;)
Marc_lux
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This might be the bottom for €$ for the next years, being near the bottom of the long term multi-year trend channel (W chart).
Banker928
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If you think this is the bottom for the euro you have no business trading forex.
Marc_lux
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It might be (!) near (!) the € bottom, near $0.90, based on the W chart trend channel. I didn't say I think it is.
I'm just speculating. If you're convinced that it's not the bottom, you just have an opinion man and I think it won't help you trade better.
Banker928
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Ah. I think I see what you were trying to say.
Tampax
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this is not UJ or other crappy pair, euro is one of the strongest out there, you ppl make me laugh so hard
Banker928
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Okie dokie. Long the hell out of it and have fun waiting for a bounce :)
Tampax
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0.95? hahah this guy is desilusional
Banker928
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I might be delusional but you are blind. The chart says I am looking for 0.88.