We are looking at a 6 month chart. One candle = 6 months.
The price is approaching trend line and bullish double bottom pattern, new cycle is on the horizon.
EUR will be the new ruler until the next cycle.
Coronavirus is out.
China and the EU respond quickly, US makes fun of the virus, responds very slowly.
A new cycle begins.
Follow-up - China and the EU recovers from the virus fast, US recovering slowly.
Us recovery will be long, the economy will suffer.
The EU and China are at an advantage.
EUR is rising, Dollar is falling.
The price is approaching trend line and bullish double bottom pattern, new cycle is on the horizon.
EUR will be the new ruler until the next cycle.
Coronavirus is out.
China and the EU respond quickly, US makes fun of the virus, responds very slowly.
A new cycle begins.
Follow-up - China and the EU recovers from the virus fast, US recovering slowly.
Us recovery will be long, the economy will suffer.
The EU and China are at an advantage.
EUR is rising, Dollar is falling.
