1.0930 Target for Euro/Dollar

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 3, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Trading Yesterday: The euro managed to sit at 1.0850 throughout the first half of Wednesday. After the February ADP data came out better than expected, the euro came under another wave of sales. Employment in the US private sector rose by 214,000 compared with a forecasted 190,000 and 193,000 in January. The report offered short term support to the dollar. The driver weakening the euro was the euro/pound which fell by 120 points to 0.7690. The GDP/USD managed to avoid a fall and reach a

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