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EUR/USD: limited upside potential ahead of the ECB

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1001 View Live Chart for the EUR/USD Markets were quiet heading into US Payrolls, in which a solid monthly job´s gain was not enough to support a dollar's rally. The headline reading printed 214K far above the 195K consensus, while the January number was revised up to 172K from 1515K, but hourly earnings fell by 0.1%, the first decline since December 2014, dragging the year-on-year pace to 2.2% from previous 2.5%. The American currency initially rallied, but

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