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EUR/USD Meets December Downtrend After 150-Pip Rally

Discussion in 'Technical Analysis' started by Kaitlin, Jan 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Risk-off sentiment, which is currently driving FX and other markets, pushed the Euro considerably to the north against the Greenback on Thursday. Helped by rising trading volume, EUR/USD eroded all nearest resistances and finished the US session just under the monthly downtrend at 1.0930. Following these gains, which were the[​IMG]

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