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EUR/USD: holding on to gains, 1.1460 likely

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1352 View Live Chart for the EUR/USD Investors resumed dollar's selling this Tuesday, and the American currency plummeted to fresh multi-month lows against most of its major rivals. The catalyst behind this move was a continued recovery in oil's prices, which fueled risk appetite, and therefore resulted in the USD plummeting. The EUR and the JPY underperformed due to their condition of funding currencies, but the common currency advanced up to the 1.3780 region and

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