Well, at the present on a purely Chartist approached, without taking into consideration the macro economic environment, here is the situation of EURUSD pair. Based on a purely chartist approach which I personaly never favor, one may keep in mind this possibility? On the chart, the ration works pretty well. So it should be taken into consideration. Although this will not change the big picture i.e EURUSD will go towards 1 and even bellow.
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.