On the 02.26 EurUsd broke down its trendline.
2 days ago we tested back and we are turning down. It's simple. We go short , that's it.
Deflation danger in the Eurozone Draghi will weaken the Euro today as he did in the last 1,5 years.
-------------------------------------BREAKING-------------------------------------------
Above you see what everyone else is doing today. I will just do the opposite.
I will go long in EurUsd before Draghi's speech.
Why?
Commodity sector is bottoming. The last Eurozone inflation-deflation data is counted with sub 30 oil prices.
Today oil is 38. Draghi is printing the euro , and commodity prices are going up. We don't have a deflation problem now.
We will have a seriuos inflation problem. So Draghi needs to strengthen the Euro.
And if these guys are not stupid they are going to that.
I THINK DRAGHI WILL MAKE THE EURO STRONGER TODAY:
I'M looking forward to break above the red trendline after his speech.
2 days ago we tested back and we are turning down. It's simple. We go short , that's it.
Deflation danger in the Eurozone Draghi will weaken the Euro today as he did in the last 1,5 years.
-------------------------------------BREAKING-------------------------------------------
Above you see what everyone else is doing today. I will just do the opposite.
I will go long in EurUsd before Draghi's speech.
Why?
Commodity sector is bottoming. The last Eurozone inflation-deflation data is counted with sub 30 oil prices.
Today oil is 38. Draghi is printing the euro , and commodity prices are going up. We don't have a deflation problem now.
We will have a seriuos inflation problem. So Draghi needs to strengthen the Euro.
And if these guys are not stupid they are going to that.
I THINK DRAGHI WILL MAKE THE EURO STRONGER TODAY:
I'M looking forward to break above the red trendline after his speech.