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EUR/USD: bearish, beware of stops below 1.0710

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0751 View Live Chart for the EUR/USD The EUR/USD pair trades at its lowest since December 3rd, with the dollar broadly higher and the common currency being hit by softer-than-expected EU inflation figures. Following poor German inflation on Monday, the euro area annual inflation in December 2015 is estimated to have been of 0.2% below expectations of an advance up to 0.3%, while the core reading retreated to 0.8% from the previous 0.9%. The pair fell further with

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