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EUR/USD: shallow bounce, bears still lead

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 11, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0715 View Live Chart for the EUR/USD The American dollar came under renewed buying interest early in the US session, rallying to fresh highs against the EUR and the AUD, and maintaining its recent gains against other rivals. Once again, there were no relevant macroeconomic news to guide investors, but the conviction over an upcoming US rate hike next December prevailed, even despite US treasury secretary Lew expressed concerns over international woes affecting the US

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