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EUR/USD: bearish pressure persists

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.1320 View Live Chart for the EUR/USD The EUR/USD pair plummeted below the 1.1300 level during the European morning, as a better-than-expected Chinese trade balance for March, fueled risk appetite, sending stocks sharply higher in Asian and Europe, and weighing on the EUR. According to official data, exports rose by 11.5% while imports decreased less-than-expected, by 7.6% yearly basis, while the trade balance came in at $29.86bn against previous $32.59bn. Data suggest

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