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EUR/USD: testing the highs on Wall Street's slide

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0926 View Live Chart for the EUR/USD Oil's recovery paved the way for a turnaround Tuesday, as the commodity surged around 3% from multi-year lows, following Chinese data showing that demand for the commodity in the country will likely hit a record high in 2015, despite ongoing fears over an economic slowdown. The day started with the release of tepid macroeconomic figures in China, which showed that industrial production growth slowed to 5.9% y/y from 6.2%,

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