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EUR/USD keeps trading in horizontal trend

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD keeps trading in horizontal trend “If you think you’re going to get euro-dollar significantly lower, you need to get an ECB rate cut, a Fed rate hike and some new additional impetus.” - Kit Juckes, Societe Generale (based on Bloomberg) Pair’s Outlook EUR/USD has been broadly unchanged in value this week so far, owing to lack of any fundamental drivers. At the moment of writing the pair was hovering moderately below the monthly S1 at 1.0768, which acts as the closest

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