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EUR/USD Forecast: bearish towards 1.0800

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 21, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR/USD pair trades in quite a limited range this Monday, with a couple of advances meeting selling interest around 1.0880, a strong Fibonacci resistance. The European opening is pushing the pair to its daily lows, barely 40 pips below the mentioned high, as local stocks opened with a strong tone. Earlier today, Germany released its PPI data for November, which met expectations, falling by 0.2% monthly basis and 2.5% compared to a year before. In the US, the only macro release will

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