As my uploaded chart do not appear I have posted a link to them here
http://screencast.com/t/2hntBUoiL
Historically when you look back 5,10,15 years the EUR has always had a positive expectancy based on historic data.
With this in mind I would assume that previous lows will not be exceeded. If I look at previous rates of decline you can see the possible rates that the EUR could follow against the dollar. Assuming we are in an up phase the steepest rate of decline would carry us too far down, so …
http://screencast.com/t/2hntBUoiL
Historically when you look back 5,10,15 years the EUR has always had a positive expectancy based on historic data.
With this in mind I would assume that previous lows will not be exceeded. If I look at previous rates of decline you can see the possible rates that the EUR could follow against the dollar. Assuming we are in an up phase the steepest rate of decline would carry us too far down, so …