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EUR/USD: higher in range, still capped by 1.1400

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.1379 View Live Chart for the EUR/USD The EUR/USD pair advanced partially this Tuesday, but failed to rallied beyond the 1.1400 level, weighed by worse-than-expected local macroeconomic data and a market that tossed and turned between hope and despair. The EUR was on demand early in the data, as poor Chinese trade balance data, kept stocks under pressure and lifted the common currency up to 1.1410 against its American rival. But the beginning of the European

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