EUR/USD: downward potential limited above 1.1220

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 17, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.1282 View Live Chart for the EUR/USD The common currency corrected lower by the end of the last week, but the dollar retained the negative bias against all of its major rivals, with commodity currencies outperforming. Chinese latest data was overall positive with industrial production rising the most in almost a year. Industrial output rose 6.8% in March compared to a year earlier, while retail sales also beat market´s expectations, printing at 10.5%y/y in March versus

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