Euro – Its All in the Data

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When the Euro was forming, some used the Ecu as the guide, we created the Euro back in time to provide a clearer picture. When we did, the high was different and that projected a low for 2000/2001 instead of 2002, with a rally thereafter into 2007. With the advantage of time, we can see that recreating the Euro was the proper configuration. The low was 2000 with the subsequent rally with 2007 forming the highest close, 2005 was the reaction low for the final rally into the major high. The next major low would be 2020/2021, but an initial low seems likely in 2017.EUROFT-Y