Euro does not hurry to plunge. Forecast as of 22.02.2022

The Russian invasion of Ukraine provoked disapproval in the West and made US stock indexes and the EURUSD fall. However, the euro's drop against the dollar does not look catastrophic. Why? Let's try to find the reasons and make a trading plan.

Weekly fundamental forecast for euro

February 21 was an important date for Eastern Europe and a sad day for the euro. The EURUSD bulls started the day well, armed with rumors of Biden & Putin meeting and strong data on the eurozone's business activity, but ended it badly. The main currency pair plunged below 1.13 as Moscow sent troops… Read full author’s opinion and review in blog of #LiteFinance