Technical Analysis and Outlook:
This week, the Eurodollar will likely retest Mean Sup 1.100. However, it could jumpstart and retest the completed Inner Currency Rally 1.124. It's important to treat this move as the dead cat bounce.
Technical Analysis and Outlook:
This week, the coin just churned about our Mean Sup 29900. Any attempt to develop a sustainable upside move is laying on contingency by completing and retesting Mean Sup 28700.
My readers and followers are up to date on the ongoing currency war. Central banks are attempting to weaken their currencies in order to boost inflation and exports. The export part is self explanatory and well known, but the inflation aspect involves the classical economics definition of inflation. Inflation is the weakening of a currency where it takes more of...
