Can you believe that the EURUSD punched above 1.2100 last week | ForexTime

Can you believe that the EURUSD punched above 1.2100 last week?



Since then, the currency pair has dropped over 250 pips. It fell for a fourth consecutive session yesterday, sinking to levels not seen in four months under 1.1850 thanks to fundamental and technical factors.



It looks like the Euro has woken up on the wrong side of the bed this morning, weakening against almost every single G10 currency.



Over the past few weeks, the outlook for the European economy has somewhat brightened thanks to vaccine rollouts and hopes over the government gradually lifting lockdown... Read More (https://www.forextime.com/market-analysis/technical-outlook-eurusd-eyes-11800)