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EUR/USD - The Rain.

FX:EURUSD   Euro / U.S. Dollar
Hi, today we are going to talk about the Euro .

The rain's something that we are used to almost attached to us. Even as sometimes that it seems that the modern society made us lost all primal instinct that we gathered through the ages, the rain its something that we still have a connection, some of us feel in the joints, others in the smell. If the rain doesn't come we feel a strangeness and start to brace ourselves for times of water shortage or if the storm seems too heavy or too long, we begin to prepare to face floods, landslides and others sort of problems. But as a collective being, we feel the natural pace of life, even if most of us are numb for artificial distractions and selfish acts our connection with the universe still tattooed in our genes.

As a society, we named and created sophisticated tools around our natural sense of value, calling as Economy, and despite being an artificial construct, we have the same instincts. Extended times of prosperity, it is creating an escalating of overspending, loose monetary control that spread jitters and anxiety on the public. Because deep down we know, that if this "prosperity" still going, sometime down the line music it's going to stop and there isn't going to be enough chairs for everyone.

That's the current sentiment at the economic landscape, the feeling of the song and numbing starting to fade away. That's transparent by the headlines of the verified economic data, bellow we have two highlights from today news.

German Companies Signal Looming Recession After Demand Plunges - Bloomberg

U.K. Retailers Haven’t Been This Worried Since 2009 Recession - Bloomberg

At the EUR/USD chart, we observe a long descending channel . The trades at the breakout are only viable if followed by a financial volume , enough for a strong candlestick pattern. Due to the time of formation of this channel, the cautions must be redoubled, and the decisions of the Deutsche Bundesbank must have a closer look.

Even if your media bubble says that the enemies that they have are rooting or been the cause of this triggers of recession, or even the crisis itself. We must face the undeniable truth that this is just the consequence of our excesses and irresponsibility, and economy it's subject to the same universal rules that preserve the balance.

Thank you for reading and leave your comments if you like.
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