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Market Oracle FREE Newsletter

Gold Price Trend Forecast Summer 2019

Bye Bye Euro, Hello U.S. Dollar!

Currencies / US Dollar Aug 08, 2013 - 04:33 AM GMT

By: Marc_Horn

Currencies

It has been a while!!! My wife and I are cruising in Oman and internet access is not widely available! But when I saw this today I really felt I should make the effort!

Talk about coincidence.... or not. Today the Euro has so far failed to make a new high, by a tiny margin and provided it fails to make a new high it has only one way to go - DOWN - it is in centi-3 of deci -3 of daily-3 of weekly-3 of monthly-3 !!!



In a bit more detail - note how close it is to its high.... if it holds follow the bold green cycle fork.



The US$ has also hit its target line! (the Euro is at its sliding parallel)



And it is only one sub wave behind - centi!!!

More than coincidence???? Today is the mid point of Martin Armstrongs ECM as well - is this the projected trend change???
Marc

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