I though I would work on a high-level plan for the Euro going forward which we could use as a guide in the coming days and weeks. There are two scenarios I was able to come with, and I am going to present them in this article. They are quite simple and I have been discussing them in the past weeks in two articles posted on the blog (I suggest you read them before continuing in order to get a background, they are short):
- This time is not like 2009 and 2010 for the Euro FX!
- Where is Euro price headed? Is this time like 2009 and 2010?
So what the price is going to do? We don’t know it and we cannot anticipate it, but price behavior will certainly hint us. What we can do is prepare to any possible outcome and especially get to know the…
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