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EUR/USD: still bullish, more gains above 1.1310

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1316 View Live Chart for the EUR/USD The dollar gained some ground at the beginning of the European session, fueled by some comments of ECB's Praet, saying that the European Central Bank has room to cut rates further. The EUR/USD pair fell down to 1.1255, where dollar's bears quickly took their chances. The pair bounced back towards the current 1.1290 region ahead of the US opening, with little room to extend its decline in the short term, given that in the 1 hour

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