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EUR/USD: approaching key 1.1000 level

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0945 View Live Chart for the EUR/USD The American dollar trades lower across the board, with inflation ticking higher in China lifting investor's mood. At the beginning of the day, the official release showed that Chinese annual inflation rose to 1.5% from a previous 1.3%, surpassing expectations. In Europe, German trade surplus in October came out at €20.8B. The EUR/SD pair trades near its daily high of 1.0946 ahead of the US opening, and maintains the bullish tone

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