Friday, August 29, 2014

Euro Dollar big picture

Euro Dollar big picture
We are still in a lower highs pattern. Current price action broke "the" main trend line.
Congestion in early to mid 2013 could act as a key support level. Gut feeling says the US economy is doing much better than anticipated, and the EU zone needs a Euro below 1.20 to "reset" its slowing economies (take France for example)

1 comment:

yvan said...

Bonjour Moïse,
Que penses-tu du NDX? SP500 ?
Moi, ça me donne le vertige...
Même lors de la bulle internet, on n'avait pas atteint des niveaux pareils.