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EUR/USD: Dollar poised to gain

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 28, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.0930 View Live Chart for the EUR/USD The American dollar closed the week broadly higher across the board, boosted by a strong upward revision of the Q4 2015 GDP. Initially estimated at 0.7%, the first review of the figure came in at 1.0%, surpassing expectations of 0.4%. The EUR/USD pair plummeted towards the 1.0900 region, with the common currency hurt earlier in the week by poor PMIs figures across the region. Overall, seems the greenback is poised to extend its

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