EUR/USD: entering wait-and-see mode

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.0967 View Live Chart for the EUR/USD The EUR/USD pair trades up and down within a tight range below the 1.1000 mark this Monday, mostly driven but European stocks movements. The EUR managed to advance some after the release of the EU Industrial Production data for October, which rose by 0.6% compared to a month before, and 1.9% yearly basis, yet selling interest surged on an approach to the 1.1000 figure. Technically speaking, the short term bias is neutral-to-bearish,

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