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EUR/USD: sentiment rules, uncertainty grows

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0885 View Live Chart for the EUR/USD The EUR/USD pair reached the top of its latest range mid European session, posting a daily high of 1.0942 as European stocks plummeted after the opening. The pair however, retreated from the strong resistance level, helped by a strongly dovish Minutes from the ECB, showing some members voted for a 20bp rate cut. Anyway, the retracement was mostly technical, given that the price has been rejected from this region multiple times ever

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