EUR/USD: dollar in trouble ahead of Yellen's testimony

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.1152 View Live Chart for the EUR/USD The EUR/USD closed the week at 1.1152 after being as high as 1.1245 during this Friday, posting its largest weekly advance ever since ECB's Draghi announced more easing for Europe early December. Dollar's longs got smashed all across the board, as hopes for further tightening in the US turned into speculation of upcoming easing in the number one world's economy. Continued poor growth data ever since the year started, has

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