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EUR/USD: correcting higher, but overall bearish

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0606 View Live Chart for the EUR/USD The dollar trades generally lower this Tuesday, yet the EUR can manage to attract buyers, not even on positive EU data. Early in the London session the Markit manufacturing PMIs showed that the EU recovery gathered pace in November, with the final adjusted reading for November at 52.8, the highest since April 2014. In Germany, the final reading resulted at 52.9 from the previous estimate of 52.6. Also, the EU unemployment rate fell

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