Hi there,
Ok, this is the big picture. The US economy is closer to a recesion than a few months ago when all of us where speculating and pushing the USD down. Now it is almost a reality, so what do we must expect? A dollar going really down against Euro? Or, basing on the "buy with the rumor and sell with the news" are we ging to see a dollar recovery?
I'm expecting for the next few days or weeks a raising trend from 1,5600 to 1,6000 or higher. The last high was 1,5904 two weeks ago.
I don't know, but, if i am correct and the euro break the last high, we are going to see it maybe at 1,6500 or 1,7000.
Good pips for all of us!!!
Jose
Ok, this is the big picture. The US economy is closer to a recesion than a few months ago when all of us where speculating and pushing the USD down. Now it is almost a reality, so what do we must expect? A dollar going really down against Euro? Or, basing on the "buy with the rumor and sell with the news" are we ging to see a dollar recovery?
I'm expecting for the next few days or weeks a raising trend from 1,5600 to 1,6000 or higher. The last high was 1,5904 two weeks ago.
I don't know, but, if i am correct and the euro break the last high, we are going to see it maybe at 1,6500 or 1,7000.
Good pips for all of us!!!
Jose
Why such a rigid stance? To learn is the funniest process in live... ![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)
![](https://resources.faireconomy.media/images/emojis/64/1f609.png?v=15.1)