EUR/USD: dollar advances, but caution prevails

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 15, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.0988 View Live Chart for the EUR/USD The EUR/USD pair started the day with a strong footing, rallying up to 1.1059 ahead of the European opening. Yet the rally lost steam after London's opening bell, and the pair slowly eased, falling below the 1.1000 level before the release of the US inflation data, which resulted better-than-expected in November and compared to a year before, as it rose by 0.5% compared to previous 0.2%. Monthly basis however, inflation remained

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