We are approaching for the 3rd time, the long term supporting line in the last 50 YEARS!! Will it gbreak this time or simply flirt with it and go back higher? Mah!! I simply don't know!!! Any idea?
Comment:
Both in March and April 2020, the 50+ Years supporting trend line has been temporarily broken but no confirmation by an end of the month closing. A confirmed break of the supporting trend line would be a tsunami and the EURO may follow below parity.