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EUR/USD: still bearish, 1.0500 now at sight

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 5, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0747 View Live Chart for the EUR/USD The American dollar rallied against most of its major rivals this Tuesday, with the EUR/USD pair falling down to 1.0710 before finally bouncing some. Despite tension in the Middle East escalated this Tuesday, Chinese stocks ended the day with quite limited losses, leading to an improved market sentiment. News coming from Europe were pretty disappointing, as an initial estimate shows that the EU annual inflation is expected to be

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