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EUR/USD: stuck below 1.1330, downside still seen limited

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1319 View Live Chart for the EUR/USD Risk aversion led the way at the beginning of the week, after oil producers failed to reach an agreement in the Qatar meeting. Surprisingly, the common currency was unable to run as usual lately on safe-haven demand, holding below the 1.1330 region, the base of the range that contained price for much of the last two weeks. The macroeconomic calendar was quite light all through the day, with only a couple of FED´s speakers hitting

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