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Guest Commentary: MarketVisionTV - Should EURUSD Bears Ban This Video Nasty?

Guest Commentary: MarketVisionTV - Should EURUSD Bears Ban This Video Nasty?

Ed Matts - MarketVisionTV.com,

The Euro has broken down below 1.25 pretty much to the 5=1 1.2495 objective. What now??

Guest_Commentary_MarketVisionTV_Should_EURUSD_Bears_Ban_This_Video_Nasty_body_EURPandoraBoxAnalogy.png, Guest Commentary: MarketVisionTV - Should EURUSD Bears Ban This Video Nasty?

Well…Remember the Nasty Cable Trade?

Where it repeated the Expanding Triangle from one year ago…that was supposed to be a Bull Market…That we sold based on the price action a year ago…The Nasty Cable Trade...

Well welcome to the Nasty Euro Trade…or Pandora’s Box…where Euro is increasingly boxed in, similar to the equivalent synthetic price action of 16 years ago…prior to a Euro collapse..

Why is that Nasty…its broken 1.2625 .. it’s supposed to be a Bear market...it is Nasty because back in 1996 it broke to new lows as well but then rallied 10% before it collapsed.

To find out more follow us on marketvisiontv.com...but don’t tell anyone…

Further videos or commentaries are available from www.MarketVisionTV.com or @EdMatts on Twitter.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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