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EUR/USD: pressuring the highs, bullish

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 15, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0971 View Live Chart for the EUR/USD Market is all about risk sentiment this Friday, with currencies being lead by the sharp decline in oil prices. US WTI crude futures broke below the $30.00 level in the European morning and accelerated its decline to fresh 12-year lows around 29.30, while Brent also plummeted below the 30.00 level. Stocks were under pressure worldwide, whilst gold prices recovery amid increasing risk aversion. The EUR/USD pair advanced up to 1.0925

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