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EUR/USD: selling the rallies

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.1006 View Live Chart for the EUR/USD Month-end profit taking sent the greenback lower across the board last Friday, although the decline faded before the closing bell. The EUR enjoyed of some temporal demand, rising against its American rival up to 1.1072, before selling interest re-surged. Macroeconomic news by the end of the week showed that the Euro area annual inflation in October met expectations of 0.0% against previous -0.1%, in line with market's forecast. In

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