EUR/USD: year low back in play

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.0581 View Live Chart for the EUR/USD After a limited upward move at the beginning of the day, the EUR/USD pair plummeted to a fresh 7-month low of 1.0578, on renewed speculation the ECB will extend its facilities programs next December. Local share markets jumped, commodities eased, and the common currency plunged across the board. The pair bounced back towards the 1.0600 level, but was unable to recover the level ahead of the release of US data. The ECB is

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