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Video: EUR/USD Below $1.20 -- What Happened? What's Next?
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By Jason Lureman
Fri, 04 Jun 2010 17:30:00 ET |
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Late last year, in the minds of most analysts, the U.S. dollar was all but dead and buried. The editor of Elliott Wave International's Currency Specialty Service was one of the very -- very -- few forex experts telling subscribers at the time that not only was the greenback about to rally; but the EUR/USD would -- at a minimum! -- break the $1.23 mark and more than likely go beyond $1.20. That's exactly what happened: On June 4, the EUR/USD did break below $1.20. Create your free Club EWI profile now to watch a free video from EWI's Senior Currency Strategist Jim Martens. The video, released to subscribers on Dec. 11, 2009, shares a crystal-clear forecast for the U.S. dollar, Swiss franc and euro.