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EUR/USD: holding above 1.0800, directionless

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0820 View Live Chart for the EUR/USD The financial world continues swinging at the rhythm marked by oil's prices. The commodity extended its rally during Asian hours, but quickly reversed course, and slid down to the $31.00 region, resulting in a tepid recovery of the common currency. German's IFO survey showed that confidence in local business fell for a second month in-a-row in January, down to 107.3 from a revised 108.6 in December. Nevertheless, the report hardly

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