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EURUSD - The Trap of Draghi

FX:EURUSD   Euro / U.S. Dollar
242 1 24
On the 02.26 EurUsd             broke down its trendline .
2 days ago we tested back and we are turning down. It's simple. We go short , that's it.
Deflation danger in the Eurozone Draghi will weaken the Euro             today as he did in the last 1,5 years.
-------------------------------------BREAKING-------------------------------------------

Above you see what everyone else is doing today. I will just do the opposite.
I will go long in EurUsd             before Draghi's speech.
Why?
Commodity sector is bottoming. The last Eurozone inflation-deflation data is counted with sub 30 oil             prices.
Today oil             is 38. Draghi is printing the euro             , and commodity prices are going up. We don't have a deflation problem now.
We will have a seriuos inflation problem. So Draghi needs to strengthen the Euro             .
And if these guys are not stupid they are going to that.
I THINK DRAGHI WILL MAKE THE EURO             STRONGER TODAY:
I'M looking forward to break above the red trendline after his speech.

what a prediction mate very nice work thanks for sharing
+1 Reply
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