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bruceyam
Jan 3, 2023 1:38 PM

EURUSD rebound finished Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD has finished rebound. If 2012's Italy debt is a problem and concern for us, Italy's debt to GDP ratio is around 126.5%. At this moment the debt to GDP ratio is already 150.8% in 2021.
Stochastic is showing divergence. Today, EURUSD has a big downside signal EUR is going to test lower again.
In May 2011, the 10 year yield of Italian bond is 4.88%, in 2021, the yield dropped to 0.6244%, 10 year yield is at 4.52% at this moment

Comments
JoeChampion
Good idea, thanks!
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