The chief of the ECB, Mario Draghi,  an ex-Goldman banker, as well as a clever wordsmith, once famously moved EURUSD with the words “We will do whatever it takes”.   He now faces an economy with a currency that is “too strong”. While he has been attempting again to talk EURO  into compliance with his clever wordsmithing, words are not enough this time. So… in come the “whales”! How can you know?  Of course one can never be certain but our charts tell us more than words. They allow us to see reality.  Disguised but not hidden the intent is clear EURO assets down.

The pay off has begun
EURUSD Sell it ?

One thought on “Mario Draghi’s Relief for the EURO ? Trading Consultants foresees it coming !

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s