Euro will stand a trial. Forecast as of 04.12.2020

The EURUSD rally is impressive. However, the major growth drivers are in the USA rather than in the euro area. The euro-area economy is weak. Why isn't the euro falling? Let us find out the answer and make up a trading plan.

Weekly euro fundamental forecast

Investors believe in the EURUSD bullish outlook in the long term. In the short term, however, the euro bulls should stand a trial. The higher the euro is rising, the more investors start considering the negative factors. The euro buyers are ready to exit longs at any moment, which could trigger a drawdown. There… Read full author’s opinion and review in blog of #LiteForex