EURUSD: who blinks first? Forecast as of 13.01.2021

The drop in the Treasury yields proved the weakness of the EURUSD bears. Some of them went nervous and changed the sentiment. Was that shift sensible? Let us discuss the market outlook and make up a trading plan.

Weekly Euro fundamental forecast

The dollar lost the growth driver and started falling. After completing auctions for US Treasury bonds for $ 38 billion, Treasury yields went down, and the EURUSD price went up above the bottom of figure 22. As I expected, the rise of the US bond market rates, based on the greater offer amid the fiscal stimulus expansion, has… Read full author’s opinion and review in blog of #LiteForex