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EUR/USD Forecast: pressuring the weekly low

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Stocks markets stopped the bleeding during the Asian session, and while still under pressure, the sell-off seen on Monday has made a pause. Without strong risk sentiment leading the way, the dollar trades broadly higher across the board, exception made by the Japanese yen that retains the bid tone against its American rival. German unemployment in December came out better than expected, yet the common currency remains under selling pressure. View the Live chart of the EUR/USD The EUR/USD

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