Presented Idea is an assumption depending on global supply/demand on currencies. In longer period of time, Euro
should go down, has big potential to go down, it should weakening, but it will also depends on what Usd will do and how far it will go to the downside. USD has a big potential to go down and it can move in that direction even for a couple of months until inflation CPI
will not go down any more. So pay attention of that, it is very, very important.
is now in fifth wave (weekly chart) - be aware!
Always invest consicously, knowing what you're doing and what you want to achieve.
Good luck ;)