Fundamental U.S. dollar forecast for today
The second wave of the pandemic in Europe, a fresh fiscal stimulus adopted by the Congress or trade wars. What will trigger the EUR/USD correction?
Based on the EUR/USD price chart, the positions of bears look weak. It seems that, following the sharp rally in June, the euro buyers should wait a little and take some profits, which would start a correction down. In fact, the correction turned out to be short and shallow, and the price drop to the bottom of figure 17 has immediately started a new wave of purchases. The difficult epidemiological situation in…
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