Bears taking over

19 באוג׳ 2014

I believe that the Euro will fall down further taking in account the ongoing things between Ukraine and Russia which will become an energy crisis for Europe + Mario Draghi's low deposit rates reform will still push the Euro toward the longterm downtrend from 2010 till now which is -9.20 %. May be later I'll bet on reversal back to the previous support at 1.33348 which will become resistance.