My EURUSD prediction , first half of June

[ayauho]

EURUSD down to 1.2170 then up high

 

[Enivid]

What do you base you prediction on? Or is it just a gut feeling?

 

[Giorgos]

I agree that euro is going to fall against the US dollar. European Central Bank will be forced shortly to take money measures and lower the basic rate of euro to boost the European Economy. Lets face it Europe is on recession and US is on growth, while Eurozone is facing major systemic risks. Euro / USD at about 1.25 is not describing the true fundamental picture of these two economies against its other. The Euro / USD will probably test 1.2100. I posted an article on Trading Center some weeks ago for an upcoming Euro devaluation -[link removed]