I am not an expert nor a great investor. I am just an ordinary punter who sets aside €100 per month to bet on stocks, shares and forex.
Killeens Financial Banner
Saturday, 17 May 2014
Euro to find new Norm
History of the Euro to the present had it oscillate around $1.375.The 2008 to 2014 simple Resistance Line (obtained by joining the peaks) now intersects this value. The downswing from here may reach no lower than 1.30 before swinging back to 1.35, but the trend will be downward and a new norm may emerge at a lower level.