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EUR/USD: technically bullish, but FED looms

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current price: 1.0993 View Live Chart for the EUR/USD The EUR/USD pair closed the week a few pips below the 1.1000 level, with solid gains for a second week in-a-row. On Friday, trading was mostly led by sentiment, with oil plummeting amid OPEC's decision to keep production at record highs, dragging worldwide stocks alongside with it. The main macroeconomic event of the day was the release of US Retail Sales that rose in November by the most in four months, up by 0.2% compared to a

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