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EU break January low, there are 3 red news for EU today, let's see....
What do you think, It will go down more?
i think EU in the danger area now
we can't buy because on the big downtrend
we can't sell because on the big major support
i think EU in the danger area now
we can't buy because on the big downtrend
we can't sell because on the big major support
maybe next week the direction will be looked clearly after NFP news released on friday
Thanks for your nice review. Please push the pair to go up, without backup these much fall is very painful, ha ha haaa.
Need backup.
Thanks.
i think EU in the danger area now
we can't buy because on the big downtrend
we can't sell because on the big major support
The price move crazily before NFP release, i don't know why???
welcome back to 2003 euro price :)
The EURUSD will keep on falling. Maybe we might be seeing a 1 to 1 rate. But in long term the EUR will recover.
The simple explanation is. America went in crisis early and pulled Europe after. Now the America got out of crisis, while Europe is still in the way of recovering. When the Europe will recover, the EURUSD will start trending up. This is because of a simple fact: EUR is much "healthier" than USD, as we know America is keep on printing dollars to pay off the bills.
:)