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Euro and Pound correct to the upside but the outlook remains unchanged

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The theme in the currency markets during the first 24 hours of trading this week has been a slight correction against the US Dollar. The US currency has given up some of its recent gains against the Euro and the Pound during the first session of the week as there has been little in terms of fresh news to spur the Dollar to new highs. As a result the likes of the Euro and the Pound found the opportunity to breathe a bit easier yesterday but does that alter the sentiment? We believe that it has

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