In this analysis, we see that Euro is fails and we could see another short opportunity in this par.
Based in my supply and demand strategy, we see a drop considerable for the Eurozone, that support Sterling to buoy in the cheapest levels if you trade GBP/EUR inversal of EUR/GBP
Basically, the Germany economy's is in issue and that could put an Euro weakness in all pars!!! Many economist is warned for the Eurozone's that Germany is the Eurozone's motor of the nation and today this surprise news show a unemployment is grew by in Germany and that cause a collapse!!! So, if this sitaution it's get uggly, we could see a bear rally in Euro.
Also guys, this bullish rising wedge not mean that Euro is go to up soon, not work it's, Forex it's move by fundamentals and not by technical analysis as Bitcoin and Ethereum, but I have my expectative that investor are selling Euro to buoy Sterling Pound.
Based in my supply and demand strategy, we see a drop considerable for the Eurozone, that support Sterling to buoy in the cheapest levels if you trade GBP/EUR inversal of EUR/GBP
Basically, the Germany economy's is in issue and that could put an Euro weakness in all pars!!! Many economist is warned for the Eurozone's that Germany is the Eurozone's motor of the nation and today this surprise news show a unemployment is grew by in Germany and that cause a collapse!!! So, if this sitaution it's get uggly, we could see a bear rally in Euro.
Also guys, this bullish rising wedge not mean that Euro is go to up soon, not work it's, Forex it's move by fundamentals and not by technical analysis as Bitcoin and Ethereum, but I have my expectative that investor are selling Euro to buoy Sterling Pound.
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