Your opinions on these euro/usd projections I found on this site: http://forecasts.org/euro.htm I had a feeling that EURO/USD would eventually start to slide back up to around the 1.40-45 level....if not higher
I guess these guys can see into the future. Should be pretty easy to make a lot of money if that's the case.
I personally dont trade long time frames like daily or even longer to really worry about the longer term..im purely 5-15 min scalp, but another part of me thinks EURO could stay weak as it is now bcuz of weak GDP and ECB pressure to lower interest rates to try to boost monetary flow and economic activity...we'll see If this world economic situation were a road.. Id definitely need a Hummer to get thru....LOL