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The reversal uptrend is getting clearer with non anti EU candidate leading the France election poll.
Once he win the election to remove worrying of France exit pool, euro will be up more.
A repeat of usd out from QE and appreciate is going to repeat on euro.
Once he win the election to remove worrying of France exit pool, euro will be up more.
A repeat of usd out from QE and appreciate is going to repeat on euro.
Last night critical bounce up from day chart.
This level bounce up is 1.05 which is higher than the lowest 1.035. Further more if you refer back to 2015 March and dec low, it is 1.05.
So market take 1.05 as lowest level. Brexit won't affect Europe economy much since UK never use euro, just more nonsense to be settled.
In fact frexit decide the meaning of Europe Union existence since France and Germany formed the EU. Once frexit, euro will highly likely disappear.
So now is bottom level, buy first. Then continue to monitor French presidential election. If the lady lose? Chance of pump up.
Know the risk and safeguard at bottom level. If 1.05 break? Run road. No breaking? Continue to hold.
The timing is quite similar to usd appreciation. Economy turn good, inflation slowly up, the start will be QE package or daily bond buy back amount reduce.
Just watch up news will do. We buy at bottom level
This level bounce up is 1.05 which is higher than the lowest 1.035. Further more if you refer back to 2015 March and dec low, it is 1.05.
So market take 1.05 as lowest level. Brexit won't affect Europe economy much since UK never use euro, just more nonsense to be settled.
In fact frexit decide the meaning of Europe Union existence since France and Germany formed the EU. Once frexit, euro will highly likely disappear.
So now is bottom level, buy first. Then continue to monitor French presidential election. If the lady lose? Chance of pump up.
Know the risk and safeguard at bottom level. If 1.05 break? Run road. No breaking? Continue to hold.
The timing is quite similar to usd appreciation. Economy turn good, inflation slowly up, the start will be QE package or daily bond buy back amount reduce.
Just watch up news will do. We buy at bottom level
SeePehJiaLat ( Date: 04-Mar-2017 21:28) Posted:
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better to wait after Franch election...?
earlybird14 ( Date: 04-Mar-2017 20:51) Posted:
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http://www.express.co.uk/news/world/774408/Marine-Le-Pen-promises-Frexit-European-Union-France-presidential-election
Potential risk. France election and frexit poll of Marine Le Pen is elected as president.
Potential risk. France election and frexit poll of Marine Le Pen is elected as president.
Euro is going to bottom up with end of Europe QE, 2% inflation and Good economic.
Don't miss the boat.
Don't miss the boat.