Honest question: How can anyone be bullish on the Euro when it has had a series of lower highs and lower lows since 2007. It is clear from the chart that the Euro is at the minimum falling to 0.8. To me the Euro just looks like a failed currency that should never have seen the day of light.
Jeremyforex121
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@janm888 okay which time frame? to me according to H8 it shows a buy set up
janm888
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@Liamforex121, Long term timeframe, going back 20 years. Could it have dead-cat bounces? Sure, but it is a dying currency, your chart will tell you that.
Jeremyforex121
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i agree with you.. your viewing it on high time frame on my side am viewing it at a small time frame that's H8
janm888
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@Jeremyforex121, Your chart is compelling. I hope you are wrong because I am about to buy some euros with dollars. You suggest I do it immediately I guess. But what would be the short-term catalyst for the Euro going up and the dollar falling?