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EUR/USD Forecast: pressuring the highs, breakout unlikely

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 2, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    The EUR/USD is looking a bit more constructive this Tuesday, trading near a daily high set at 1.0918 in the European morning. The common currency is finding some support in weakening stocks, as risk aversion triggered by China at the beginning of the week has extended during the past Asian session. The EU will release its unemployment rate data alongside with the PPI figures for December during the upcoming hours, while the US calendar has not much to offer for today. With the release of the

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