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EUR/USD: holding above 1.0900, limited upward scope

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0911 View Live Chart for the EUR/USD A quiet beginning of the week saw the EUR/USD pair advancing up to 1.0938, its highest ever since the FED's 25bp rate hike, last Wednesday. If something, a strong bounce in gold prices was behind the rally, exacerbated by thin holiday volumes. The macroeconomic calendar offered no trading clues, as during the European morning, Germany PPI for November resulted as expected. Investors will be now looking for the outcome of the

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