EUR/USD: bouncing from a key support

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.1154 View Live Chart for the EUR/USD For a change, it was China spurring risk appetite this Monday, as, after coming back from a long holiday, the Yuan appreciated around 1.2% against the greenback, the largest advance in over 10 years. Despite the Chinese Central Bank sets a daily reference rate, but the currency is allowed to float 2% higher or lower from the level, in a more market-driven movement. The Shanghai Composite closed the day 17 points lower, which,

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