Friday, October 22, 2010

Is The Euro About To Tank Just Like It Did In 1998, Except At 2.5x Speed?

Your technical chart of the day...

Here's the euro from 1988 (reconstructed, obviously based on the component currencies) until now.

Note the areas shaded in yellow, pink, green.

If history is repeating -- at 2.5x speed -- then we're about to see a euro crash.

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