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EUR/USD stabilises ahead of 200-day SMA

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Technical Analysis EUR/USD stabilises ahead of 200-day SMA “Despite the stabilization in risk appetite, there is a reluctance to really start shorting bonds ahead of the ECB. There is somewhat of a discrepancy between equity markets and bond markets, and I would put that to a large extent on what’s happening with the ECB.” - Jan Von Gerich, Nordea Bank AB (based on Bloomberg) Pair’s Outlook EUR/USD undergoes a downside correction within a bullish channel. Our bias is therefore bearish until

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