Update on EURUSD SHORT POSITIONLook below for the previous analysis.
I have also linked the original analysis so, you can compare the two ideas.
Eurobearish
Euro is dyingOn the long term EurUsd will make another LL. In summer we will see big bearish candles.
EURUSD - predestined to fail?Is this the destiny of EURO? Just to let you know, I never trade Forex so my analysis may be totally wrong.
Still the economic situation is interesting and we should keep an eye on the EU and it's EURO. The EU has uncertainties all over the place and the EUR looks more and more like a currency predestined to fail. Imagine what the consequences would be for whole Europe.
And once again, looking back to the days when the EU was founded, Switzerland took tons of criticism but made the right decision to stay out of it.
EUR was heavily rejected and the chart looks terrible.
I expect this one to drop to 90 cents.
Happy trading!
