EUR/USD holding near the recent lows

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    On Friday, the price pattern of the previous days continued. The euro gained temporary from a risk‐off context in China. However, European yields held near the recent lows and European equities performed reasonably well. Euro selling ahead of the ECB decision remained the preferred ‘by default strategy’. The dollar also held up reasonably well. EUR/USD closed the week at 1.0593 (vs 1.0610 on Thursday). USD/JPY ended the session 122.80 (from 1.2257). This morning , Asian markets are still in

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