EUR/USD: stuck mid-range, waiting for a trigger

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current Price: 1.0956 View Live Chart for the EUR/USD The week started in slow motion, with the dollar advancing particularly against its European rivals. During the weekend, the Chinese National People’s Congress set out a growth rate of 6.5% to 7.0% for the next year, spurring some risk averse trading during the first half of the day. The EUR was also affected by soft local macroeconomic figures, as German factory orders decreased by 0.1% in January, better than the 0.5% decline

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