2022 showed up to be a a very wild volatile year for the Forex Markets.
A year filled with Turmoil events experienced by Fiat Curencies in the midst of a Broken Monetary Debt based System.
In particular that of
EUR, it printed it's price action to as low as 0.90 valued against US Dollar .
A re-visited old Level of Support dating back as far as early 2000's .
Since 0.90 lows when the Long Call was given,
EUR has been going up by a lofty 12 % .
This is a good considerable area of Taking Profits after a vertical rally approaching
200EMA on the Weekly at 1.119
SHORT Call on EUR/USD
Time of duration : Short to mid term
Until the next one,
Trade Smart
TRADE SAFE
- Note that this is not Financial Advise.
Please do your own research and consult your Financial Consultant before throwing
any of your hard earned money in Financial Markets.
A year filled with Turmoil events experienced by Fiat Curencies in the midst of a Broken Monetary Debt based System.
In particular that of
A re-visited old Level of Support dating back as far as early 2000's .
Since 0.90 lows when the Long Call was given,
This is a good considerable area of Taking Profits after a vertical rally approaching
200EMA on the Weekly at 1.119
SHORT Call on EUR/USD
Time of duration : Short to mid term
Until the next one,
Trade Smart
TRADE SAFE
- Note that this is not Financial Advise.
Please do your own research and consult your Financial Consultant before throwing
any of your hard earned money in Financial Markets.
Note
EURUZONE OFFICIALLY IN RECESSION
TWO CONSECUTIVE RED QUARTERS
More DOWNSIDE to Come for EEUR/USD
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.