EUR/USD recovery remains capped by 200-day SMA

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.1027 View Live Chart for the EUR/USD The US dollar traded steady against the euro and the pound on Thursday, receiving a mild, temporary boost on the back of better-than-expected US data. New orders for durable goods rose a seasonally adjusted 4.9% in January, beating expectations of a 2.9% increase while excluding transportation, orders grew by 1.8%, above the 0.2% rise of consensus. Separated data showed that even though initial jobless claims came in at

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