EUR/USD the inevitable crash?
Has been a while since my last TA, was quite busy with my new version Epic Market Indicator 1 & 2.
EUR/USD is approaching the last line of support. Once this support fails to reject the bears, I fear the worst for the EUR. We have never recovered from the 2008 and 2014 crash. Leaders can lie to the people but the markets apparently won't. Since the ECB is going to continue printing money and lend with negative interest rates.They are actually copying this strategy from the Americans. How to solve a financial problem? Print more money. Well, you can do this only for so long before the inevitable happens.
My game plan is to stack some bitcoins and commodities for just in case of a big crash. Going to short on eur/usd just in case it recovers or usd crashes first preventing total anarchy in the EU zone. Worst case scenario, we'll migrate else where.
EUR/USD is approaching the last line of support. Once this support fails to reject the bears, I fear the worst for the EUR. We have never recovered from the 2008 and 2014 crash. Leaders can lie to the people but the markets apparently won't. Since the ECB is going to continue printing money and lend with negative interest rates.They are actually copying this strategy from the Americans. How to solve a financial problem? Print more money. Well, you can do this only for so long before the inevitable happens.
My game plan is to stack some bitcoins and commodities for just in case of a big crash. Going to short on eur/usd just in case it recovers or usd crashes first preventing total anarchy in the EU zone. Worst case scenario, we'll migrate else where.
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