JLS: Short EURUSD Target Zone 1.1800-1.0800/1.0750 Still Valid
The short on EURUSD for 1.1800-1.0800/1.0750 still underway to target. The pair will continue to be pressured down by her interest rate differential price as per previous analysis, attached hereto.
The EUR will be continued to be weakened by the CAD, NZD, AUD and GBP by their interest rate differentials, however the EUR will be continued to be strengthened by the CHF and JPY. Therefore, the monetary price fluctuation of the EURUSD, EURCAD, EURNZD, EURAUD and EURGBP to downward interior their medium term price stability and the monetary price fluctuation of the EURCHF and EURJPY to upward interior their medium term price stability.
The EUR will be continued to be weakened by the CAD, NZD, AUD and GBP by their interest rate differentials, however the EUR will be continued to be strengthened by the CHF and JPY. Therefore, the monetary price fluctuation of the EURUSD, EURCAD, EURNZD, EURAUD and EURGBP to downward interior their medium term price stability and the monetary price fluctuation of the EURCHF and EURJPY to upward interior their medium term price stability.
Commentaire:
