EURO VS U.S. DOLLAR. TO LOW, OR NOT TO LOW. THIS IS THE QUESTION

This publication is for Euro against U.S. dollar, and quick and simple as well as all other publications by Pandorra

2023 is about the end, so let's take a look on technical perspectives for EURUSD .
The main graph is EURUSD semi-annual 6-month chart (yes, they also exist on TradingView, as well as quarterly 3-month charts and annual 12-month charts).

EURUSD is being concentrated on multi year floor, with lowest levels at semi-annual close around 1.05 (actual again in this time).
Well, recently being inspired with finding TLT multi year floor, I guess that breaking down the 1.05 floor in EURUSD can turn the price much and much lower.

Maybe to 1.6 Euro for 1 U.S. Dollar somewhere in mid or late 2020s, or early 2030s.

Patience.. Patience.. and once again Patience..

The Time will show.

снимок
Beyond Technical AnalysisDollar Index Futures DX1!DXYeurodollarEURUSDFundamental AnalysisQQQTLTTrend AnalysisUS02YUS10YUS20Y

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