Hi, I have been pondering on possible EURO fluctuations in light of the current Iraqi crisis. It appears to me that at the moment it is at its turning point and can surge or plummet with equal probability. What strikes me is the scope of these potential fluctuations. According to my calculations (based on both fundamental and technical factors) in the near future the EURO rate will either achieve the level of 1.3 USD or fall to the level of 0.9 USD. I wonder what other analysts have to say about this. See attached chart with my forecast.
http://www.geocities.com/stark56y/predict-2.gif
http://www.geocities.com/stark56y/predict-2.gif