Wednesday 22 June 2016

BREXIT: Britain will exit Eurozone and I like to see my technical assessment wrong.

I am reading, watching in Press and Media the pros and cons of the outcome of Brexit referendum.
Assessing from what I gather in Media is "in" is good for Britain and the world markets.

It is not easy to assess a nations mood by opinion poll.

Just out of curiosity, I wanted to apply my mind on technical analysis of Brexit.

Unfortunately the first line of resistance falls in 2016 (.01854) and run through 2017 (0.2) and completes by 2018 (0.2119).

This shows Britain exiting Eurozone is a 100% probability and will complete the exit by 2018.

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