EUR/USD: bearish, but some consolidation expected now

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.0622 View Live Chart for the EUR/USD The EUR/USD pair had a volatile session this Wednesday, extending its decline down to a fresh 7-month low of 1.0565 ahead of the US session opening, on renewed speculation that the ECB will extend its stimulus program next December. The common currency started the day advancing up to 1.0688 against its American rival, but plummeted below the 1.0600 figure in the European morning, accelerating its decline after the release of mixed

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