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Alexandra: Now Jim, you have been consistent in your long term view of the euro. And I’m curious, did the U. What’s your long-term view of the Euro? Jim: Well, we’ve been bearish for a number of years now, really. Going back to 2008, that’s where the euro peaked at its all-time high near 160 and then it had a plunge and it spent a number of years consolidating from there. We call that a triangle from an Elliott wave perspective.