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EUR/USD slumps below 1.075 after NFP

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD slumps below 1.075 after NFP “We do have to lower our target for the euro, perhaps $1.04 and $1.05 on the assumption that the Fed does deliver that rate hike in December and that the ECB delivers expanded quantitative easing.” - Westpac Banking Corp. (based on Bloomberg) Pair’s Outlook Daily decline of the Euro against the US Dollar amounted to 150 pips on Friday, following encouraging employment report from the world's biggest economy. May and July lows failed to

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