EURUSD quarterly chart, with synthetically derived back values. EURUSD synthetic rate hit lifetime low on Jan 1985; During Dollar peak; Plaza accord time.
After official launch of EURO in 2000, EURO peaked around 1.6100 and since then it is in a secular decline.
Currently at parity and its been massively defended by DEEP MONEY. Who will Win? The Market or The Deep Money? Markets are known for their cruel backlashes. A rectangle breakdown is eminent on chart- if market wins, 0.82-0.85 is likely objective and if Deep money has fortune then 1.10-1.20 may be captured again. #Superbattle #EURUSDPARITY
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