Euro discourages bears

The euro doesn’t look that weak anymore

About twenty years ago, my schoolmate invited me to his office in the center of the city, showed me his desktop with expensive technical analysis software, and proudly said that it was relevant to sell as all the indicators pointed down. That guy was a loser in trading and had to earn his million in another business. When there are too many bears in the markets, wise traders start looking for buy entries. The EUR/USD rally in early may have proved this general truth. 

The pandemic delivered another blow to the euro-area economy that had…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>