EUR/USD Price Forecast – Euro Gets Sold Off.

The Euro initially tried to rally during the trading session on Tuesday but gave back gains to show signs of weakness yet again.

The Euro has initially tried to rally during the trading session on Tuesday but gave back gains to reach down towards the 1.12 level almost immediately. At this point in time, the market looks as if it is going to continue to struggle. This makes quite a bit of sense as Europe is closing down while the United States continues to be one of the better performers out there. As long as that is going to be the case, that is very likely that we continue to see the US dollar favor. Furthermore, with the Austrians and the Germans going towards the lock down case, that certainly will not do anything to help the economy on the continental

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