Chad Karnes, Chief Market Strategist at ETFguide shows that the Euro is following its technical script as the price low formed from the all important June 5 Draghi ECB date has just failed. Couple this with the long term trend patterns of lower highs and lower lows, and the Euro has likely just kicked off a major decline. More information on current profit strategies can be found at ETFguide.com in our monthly Newsletter, Weekly ETF Picks, and twice weekly Technical Forecast.
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