The Euro – 3 prescient buying moments

There have been 3 notable moments when to accumulate the Euro (vs USD) over the past 24 years.

The monthly chart below shows those Oversold moments which coincide with EUR/USD trading at least 15% below its 200 Month Moving Average.

Buying at these moments isn’t about resolve, being brave or ‘having the balls’….it’s about discipline and shutting out the noise around you that the sky is falling.

February 14, 2023
by Rob Zdravevski
rob@karriasset.com.au