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EUR/USD: risk aversion is back

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1164 View Live Chart for the EUR/USD The EUR/USD pair trades uneventfully this Tuesday, confined to a tight 50 pips range below the 1.1200 figure. The Asian session saw a continuation of the latest risk appetite, but the sentiment began to fade mid European session, on news that Saudi Arabia, and other oil producing countries, agreed to freeze production at January levels. The announcement stalled short from market's expectations of a production cut, and the commodity

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