EUR/USD Make or Break

10 Mei 2020

EUR/USD is at a point of either Make or Break , with more things pointing to the latter . Things are looking very dark for the Euro at the moment with problems right and left (Italy , France , Spain and Greece coming out at one point wanting more Debt to GDP which will hardly be granted by EU ) and pressure within it's core driven by Germany questioning the ECB , I think the Euro is heading for a beating in the following 3-6 months up to 1 year probably targeting the 1.00 area or even 0.80 area , unless they find a way to become an actual UNION as the name states , and go under the same umbrella (currency) I don't see a way out of this

Want to discuss other potential scenarios ? Hit me up on instagram : nikolaypetrov__