KrunchieKilleen
Long

EUR/USD TO START UPTREND SOON

FX:EURUSD   Euro Fx/U.S. Dollar
66 0 2
USA performed better than the Euro             Zone during 2015. First three quarters show a total growth of 2.1% as against 1/6% in the Euro             Zone. USA contemplates raising interest rates (very gradually I expect) and paying of debt in 2016, while Euro             Zone intends to continue zero interest and QE             . Do these differences justify the fall of 25% in value of the Euro             against the US Dollar             since Apr 2014? Not at all! A rebound in the EUR/USD             is pretty well due and should commence any day now. My long term prediction is for EUR/USD             to hit $1.2 by next July and 1.25 by end of 2016.
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