EURO at a cross road.
Short EURUSD @ 1.10355, Stop 1.10825, Target 1.08
From Weekly chart and daily chart, we can clearly find there's 2 trading triangles. Both, has been closely guarded by the market. Let's face it, ECB is NOT going to tighten their currency policy soon, EURO zone's economic is too closely rely on China, and as China free falls, so does the EURO economic, that's the price for deal with the devil, the the devil says: "When the time come, to Hell, off we go"...
From Weekly chart and daily chart, we can clearly find there's 2 trading triangles. Both, has been closely guarded by the market. Let's face it, ECB is NOT going to tighten their currency policy soon, EURO zone's economic is too closely rely on China, and as China free falls, so does the EURO economic, that's the price for deal with the devil, the the devil says: "When the time come, to Hell, off we go"...
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