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EUR/USD: recovering from a key support

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1188 View Live Chart for the EUR/USD A quiet Asian session, was followed by a bout of volatility mid European morning, as crude oil prices fell below $30.00 a barrel, spurring risk aversion trading, and with the Japanese yen and the gold rising the most against the greenback. The common currency initially fell against its American rival down to 1.1086 ahead of the US opening, recovering back towards the 1.1200 figure after flirting with the 38.2% retracement of its

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