EURAUD LAST IMPULSE BEFORE RECESSION

EURO is inevitabely going to be perished during this global recession which will become more apparent in our attempts to recover from this pandemic. Liquidity is going to be maximised, so I expect a large impulse to create a position of reversal. On our weekly chart, I expect levels of 1.9 to be tested.

Please provide your criticisms, so we can establish more validity in this evaluation.