Now that Draghi has said that it is very likely that interest rate will be lowered in June
the Euro is suffering and on a fast trip downwards
I will now try to predict where this downfall should halt using technical levels
The weekly trendline has been broken to the downside in this fast deline
and 23.6% Fibonacci retracement line of the last weekly move up is very likely to be broken
before the end of june -therefore Support 1 monthly pivot will be broken too
I do expect a bounce from the 38.2%…
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