Euro is struck by the fever. Forecast as of 03.12.2020

The major currency pair continues to ignore negative factors. The euro is following the S&P 500 that hits fresh all-time highs. How long will the rally continue? Let us discuss the Forex outlook and make up a EURUSD trading plan.

Weekly euro fundamental forecast

The fever, which has struck the US stock market, sends the EURUSD above the bottom of figure 21, where the pair was last time in 2018. The S&P 500 bulls notice only positive news and ignore the negative, so the stock indexes break through its all-time highs. Traders are unwilling to sell the stocks as they… Read full author’s opinion and review in blog of #LiteForex