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The Euro Year-End closing Below 116.40

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Lobo
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The Euro Year-End closing Below 116.40

Post by Lobo on Thu 24 Dec 2015, 4:52 pm


The Euro Year-End closing Below 116.40

Posted on December 24, 2015 by Martin Armstrong

A simple year-end closing below 116.40 in the Euro for year-end confirms a broader correction is in motion with the earliest potential low in 2018 with the potential to extend into 2021. A closing ABOVE 105.03 will suggest a brief pause whereas 103.00 become absolutely critical support next year and major overhead resistance will be extremely strong between 123-128 zone.
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