EUR/USD: bearish potential increase, downside not yet confirmed

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.0833 View Live Chart for the EUR/USD The dollar edged higher this Tuesday, benefited by an improving risk sentiment and a slid in oil prices to fresh multi-year lows, with US sweet, light crude reaching $30.00 a barrel. The common currency, however, is still refusing to give up against the greenback, given that the EUR/USD pair bounced from a daily low of 1.0819, holding within its recent range. But both, the Pound and the Canadian dollar plummeted to fresh multi-year

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