The ban from western countries on Russia is suicidal for the euro. As long as energy wont get cheaper, (what i think wont happen since Russia & China gonna squeeze us hard) the euro is fkd. 1,21 euro per dollar is a matter of time.
Just a little thoguht experiment here based on a fractal of last bear market. looks pretty logical to me. I think we continue down from here with the possibility of going to 47k first.
