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EUR/USD: trend to be challenged this Friday

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.1332 View Live Chart for the EUR/USD The common currency extended its rally to a fresh 4-month high against the greenback of 1.1375 this Thursday, as tumbling stocks and fresh multi-year lows in oil's prices fueled risk aversion trading. The movements were led by the Japanese yen that strengthened during the Asian session, in spite Japanese markets were close due to a local holiday, after FED's Yellen's delivered a cautious speech in the previous session. There were no

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