Pandorra

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

FX:EURUSD   Euro / U.S. Dollar
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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.