olivernash

EURUSD: Up 25% during this year? Repeat pattern of 15 years ago?

Long
FX:EURUSD   Euro / Dollar Américain
The EURUSD looks like it is currently in a downward channel that began in 2008, but if it is following the pattern it did fifteen years ago, then if the Euro breaks the resistance line at 1.24 during the next few months, it could go on to rise by 25% over the following twelve months, 35% over two years, and 60% over five years.
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