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EUR/USD: still waiting for a trigger

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0891 View Live Chart for the EUR/USD The common currency met some demand this Monday, helped by tepid US data and falling oil prices. The day started with the release of the Chinese official manufacturing PMI down to 49.4 in January from 49.7 in December. The Caixin Manufacturing PMI also signaled a modest deterioration in operating conditions at beginning of 2016, with both output and employment declining at slightly faster rates than in December, and resulting at

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