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EUR/USD: no signs of bottoming yet

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0614 View Live Chart for the EUR/USD Dollar's rally against the common currency extended to a fresh 7-month high this Monday, as the EUR/USD pair traded as low as 1.0591 in the American afternoon, despite disappointing US data, and positive European one. Earlier in the day, the Markit PMI readings in Europe showed that the region grew at its fastest rate in over four years, with the service sector leading the recovery. In the US, however, the manufacturing sector

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