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EUR/USD: saved by poor US data

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.1120 View Live Chart for the EUR/USD The EUD/USD pair fell down to 1.1071 during the European session, although quickly bounced back towards the 1.1100 region, where it held ahead of the release of US data. Equities fell in Asia and Europe during the first half of the day, but the common currency was unable to extend beyond the 1.1120 region against the greenback, the 23.6% retracement of the post-ECB rally. US data disappointed, with core retail sales declining

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