Look at this picture, euro is in the stage of wave 5. in the present situation, wave 5 is more likely to be ending triangle.It has formed dot 1 and dot 2. Dot 3 is forming now. In consideration of daily transaction intensive area 1.4050-1.4100, I deem dot 3 probably in this area. Link dot 1 and dot 3, we will find dot 5.
I think CPI of EU has fall to the bottom. If it is true, ECB will not take serious measure to suppress EUR.
I think CPI of EU has fall to the bottom. If it is true, ECB will not take serious measure to suppress EUR.