ridethepig

ridethepig | Remaining Short EURSEK

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FOREXCOM:EURSEK   Euro / Krona Sweden
A timely update to the EURSEK chart with 2020 flows entering into play as widely anticipated. Lets start by reviewing the concerning Macro Map in the diagram:


In the longer term, positional swings come down to a struggle between patience on the one hand and greed tendencies on the other. In this all-encompassing battle, economic strategy, though important in itself, will always need the presence of technicals in order to strive for mobility.

I am expecting sooner or later the free-fall to begin and get rid of the early dip buyers.

Good luck all those on the sell side. As usual thanks for keeping your support coming with likes, comments and etc!
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