If the EUR/USD is not falling in the environment favorable for bears, it can well start rising
The EUR/USD bears failed to end the last week of November as successfully as the previous week. Four days of standing still should have been followed by the price drop, but level 1.1 wasn’t broken out. The pair may have stopped falling, and my forecast for its consolidation in the range of 1.11-1.14 made a month ago may still meet the reality.
The last week of autumn was for EUR/USD, which accounts for $ 1.6 trillion, or 24% of all Forex transactions, significant. Since it appeared in 1999,…
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