EURUSD keep going down - LONG TERM VIEW
The Coronavirus crisis is showing mismanaged problems within the EU. Italians are burning the European flag as they could not get help from its neighbours ... The profound geopolitical crisis that reveal the Coronavirus can lead to Italy leaving the EU. Economical problems are difficult to solve in EU because Italy and other South countries ask for help and North countries (Germany and Netherland) say "No". Have a look at the Coronabonds story.
US has been more reactive on the Coronavirus and can implement more rapidly economic and political changes.
The LONG TERM DOWN TREND for EURUSD will surely accelerate !! You can expect the EURUSD being at 0.8 within 18 - 24 months.
US has been more reactive on the Coronavirus and can implement more rapidly economic and political changes.
The LONG TERM DOWN TREND for EURUSD will surely accelerate !! You can expect the EURUSD being at 0.8 within 18 - 24 months.
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