Euro/Dollar: Euro Trying to Break Daily Trend Line

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 20, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EURUSD 1H Yesterday’s Trading: Tuesday’s trading in the States closed with the euro/dollar at 1.0858. The euro dropped to this level due to stock indices and oil prices rising. The euro strengthened during the American session because of oil and a sharp Uturn for the euro/pound after the Bank of England’s governor Carney gave a speech. He noted that the UK economy is weak and that now is not the time to raise interest rates. The pound crumbled against the dollar with his words by a total of

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