Hachi was wrong. 85% confidence
Dollar Strength Impacts Tech Exports
The prediction assumed a strengthening US dollar would make US tech exports to Europe more expensive. However, recent news indicates a "dollar's dip," meaning the US dollar is weakening, which would make US exports cheaper for Eurozone buyers, thus contradicting the prediction's premise and anticipated outcome.
What would prove this wrong
EUR/USD reverses back toward or below 1.1579, or if US tech sales in Europe hold steady or grow despite the stronger dollar.