EUR/USD Forecast: Overbought? So what, fundamentals firmly point higher, correction could be quick

EUR/USD has been consolidating its gains around 18-month higher amid cautious markets. EU recovery fund, cautious optimism on COVID-19, and US fiscal stimulus could push it higher. Wednesday’s four-hour chart is showing moderate overbought conditions. Forex trading is never a one-way street – EUR/USD has been experiencing the much-needed correction lower but is holding onto […]

The post EUR/USD Forecast: Overbought? So what, fundamentals firmly point higher, correction could be quick appeared first on Forex Crunch.

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