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EUR/USD: heavy, 1.0715/50 possible short term

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0840 View Live Chart for the EUR/USD The dollar trades generally higher as risk aversion eased and oil´s prices are in recovery mode, and the EUR/USD pair trades at fresh daily lows around 1.0835 ahead of the US opening. There were no macroeconomic releases in the EU, and the calendar will remain light also in the US, meaning that market's will be sentiment, and technically driven. Given that stocks are trading higher amid diminishing risk, the pair may extend its

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