Killeens Financial Banner

Killeens Financial Banner

Thursday, 17 December 2015

EUR/USD Flattens out

The US Dollar  is over-priced, but interest rate disparity continues to press the Euro downwards.
There should be a EUKR/USD spring-back after yesterday's down-spike, but since the over-all motion is back towards my projected long-term Support Line (the green dotted line), this spring-back will be weak.
Whether it follows the gradual fall of the curved line or plunges down, I still project the dotted green line as the best guess of the slope of the Euro's emerging uptrend.

No comments:

Post a Comment