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EUR/USD Forecast: bullish, break above 1.1000 required

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 15, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    A sentiment-driven market has left the EUR/USD pair at fresh weekly highs this Friday, as the common currency benefited by its condition on funding currency. The EUR/USD pair, however, is still unable to rally beyond the 1.1000 figure, as broad dollar strength has maintain the rally limited. Risk aversion surged following oil prices that tumbled below $30.00 a barrel for the first time in over 12 years, with Brent crude for March delivery down 3.6% to $29.76 an WTI futures trading down

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