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EUR/USD: downside favored below 1.0745

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0763 View Live Chart for the EUR/USD The American dollar is giving back some of its recent gains this Monday, albeit the decline is barely corrective, given that the greenback has reached overbought levels against most of its rivals last Friday. The EUR/USD pair has reached a daily high of 1.0789 as local share markets retreated some, but the upside remains limited. Early data showed that German trade balance reached a surplus of €22.9 billion in September 2015, whilst

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