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EUR/USD: dollar gains, but the EUR refuses to give up

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0854 View Live Chart for the EUR/USD The American dollar closed the day generally higher against all of its major rivals, albeit the EUR/USD pair trimmed most of its intraday losses in the US session. The pair fell down to 1.0795, its lowest ever since ECB's Draghi announced a soft extension of QE last Thursday, and triggered the largest EUR advance in over five years. Ever since, the common currency has been presenting a bullish tone that persists, despite the

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