Euro / U.S. DollarShort
EURUSD D1 BEARISH, RETURN TO PARITY ?
Lot of confluence factors indicate that EUR is going to give way to USD
Looking for a drop in price to 1.01, probably return to parity before spring
- COT Delta = black line dropping hard, Institutions are heavily short
- YIELD Differential = green/red line, nosedive lower
- LIQUIDITY Differential = orange line = FED more restrictive than ECB ?
- GAPS = Next Weekly gap is 150 pips lower @ 1.01 = Yearly S1
- PIVOTS = Price below Yearly PP, heading for Yearly S1 @ 1.0050 = GAP Low
- FUNDAMENTALS = USD beats EUR on pretty much all metrics
- ECONOMICS = Germany, the EU-powerhouse, in multi-year recession
- POLITICS = Trust is fading, most EU-countries (will) vote for change
Looking for a drop in price to 1.01, probably return to parity before spring
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