Eurusd I see Potential Short H&SPattern
Euro-dollar, the rise will continue in the long term?
Personally I do not believe that the euro-dollar will maintain the rise in long-term and already provides a euro-dollar down with the approach of the ECB meeting on March 10 next.
If, however, the euro-dollar exchange rate could remain at current levels or even go up, the probability of strong monetary easing by the ECB would act with driver bearish on the euro-dollar and is set to fall.
Following the meeting of the ECB in December, the risk on the euro-dollar exchange rate rose to multi-year highs, a sign that the market is turning towards less opportunity for large downward movements on the euro-dollar.
And Of course My Wishes :)
Personally I do not believe that the euro-dollar will maintain the rise in long-term and already provides a euro-dollar down with the approach of the ECB meeting on March 10 next.
If, however, the euro-dollar exchange rate could remain at current levels or even go up, the probability of strong monetary easing by the ECB would act with driver bearish on the euro-dollar and is set to fall.
Following the meeting of the ECB in December, the risk on the euro-dollar exchange rate rose to multi-year highs, a sign that the market is turning towards less opportunity for large downward movements on the euro-dollar.
And Of course My Wishes :)
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