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EUR/USD Forecast: fresh highs and counting

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    The EUR/USD pair trades at its highest since late October 2015, having reached 1.1145 late Wednesday, and extending above it at the time of writing. The decline started when FED Dudley's words, indicating that financial conditions have tightened considerably ever since the Central Bank raised rates last December. Data was already suggesting so, and the release of local services PMI, worse-than-expected, fueled the dollar's decline. But also technical breakouts and triggred stop loss had

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