I've been saying it since 2015. The Euro is garbage, period. It's Monopoly Money at best.
Swap your Euros for GBP or CHF. Both will gain relative to every other currency (or remain stable, respectively). This should tell you what's in store with the upcoming Brexit (no?) deal, and later down the line probably much worse news such as more EU members leaving the union. Italy and Spain are just a few who have been contemplating leaving the EU.
There's really no need to get into the technicals any further, as they are incredibly straight forward and easy to read. Anyone with a monthly chart and 2 brain cells will be able to confirm this on their own. Lines have been averaged throughout, and double-checked on thinkorswim's superior software.
Prost
Swap your Euros for GBP or CHF. Both will gain relative to every other currency (or remain stable, respectively). This should tell you what's in store with the upcoming Brexit (no?) deal, and later down the line probably much worse news such as more EU members leaving the union. Italy and Spain are just a few who have been contemplating leaving the EU.
There's really no need to get into the technicals any further, as they are incredibly straight forward and easy to read. Anyone with a monthly chart and 2 brain cells will be able to confirm this on their own. Lines have been averaged throughout, and double-checked on thinkorswim's superior software.
Prost
