Euro / DollaroShort
EURUSD 15 years bear market...
Good day fellow traders/analysts
Sorry for the Dutch in the text bubbles.
So, our economy is doing great, thus our leaders.
Right...
Basically, the current market cycle should have ended approximately 7 years ago. Unfortunately, the bear market has continued due to certain political choices. In total, the Euro has been in a bear market for almost 15 years... Before that a 7-year bull market. Meh... I reckon it's safe to say we're long overdue :). If we keep walking down this path. Economic collapses will become a real possibility.
In a nutshell, I'm very bearish. Looking at the possible price-action trend trajectories. It's really looking awful. No matter how much you try to sugar coat this.
Sorry for the Dutch in the text bubbles.
So, our economy is doing great, thus our leaders.
Right...
Basically, the current market cycle should have ended approximately 7 years ago. Unfortunately, the bear market has continued due to certain political choices. In total, the Euro has been in a bear market for almost 15 years... Before that a 7-year bull market. Meh... I reckon it's safe to say we're long overdue :). If we keep walking down this path. Economic collapses will become a real possibility.
In a nutshell, I'm very bearish. Looking at the possible price-action trend trajectories. It's really looking awful. No matter how much you try to sugar coat this.
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