EURUSD. There is a room for a final upside
Euro is in a difficult position and ECB President is not helping the common currency at all.
Although ECB said that above 1.41, EU is loosing its competitiveness,
with the current situation in the commodities market, I don't think that a cheap Euro would help in any way Europe and deserve better the European economy.
THIS IS A 1 MONTH SCALE CHART !!!!
On the big picture we do have a falling wedge. But there is no chance for an exit from the upside at least not for the moment. However, baring in mind the oversold level of EURO there is still a room for a final upside before Euro goes deep down bellow 1.30 and particularly when FEd decides to increase its interest rate.
Although ECB said that above 1.41, EU is loosing its competitiveness,
with the current situation in the commodities market, I don't think that a cheap Euro would help in any way Europe and deserve better the European economy.
THIS IS A 1 MONTH SCALE CHART !!!!
On the big picture we do have a falling wedge. But there is no chance for an exit from the upside at least not for the moment. However, baring in mind the oversold level of EURO there is still a room for a final upside before Euro goes deep down bellow 1.30 and particularly when FEd decides to increase its interest rate.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。