EU LONG TERM Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Nov 9, 2017 12:54 AM

E/U has maintained a clear pathway since 2008. Very Long Term, I expect 0.9500 and 0.8500 to be hit.
As it stands, there may be a chance to gun for 1.2500 first but I doubt it. E/U is in a long path down and
may go below parity.

Trend Analysis Chart Patterns

Comments

-Jong

⋅ Nov 9, 2017 3:02 AM

I agree. Top around 1,23 and from there to parity. Nice moves ahead! But first a little bit more down before it goes up….