Euro/Dollar: Expected Renewal of 1.0762 Maximum

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 20, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Hourly Yesterday’s Trading: On Thursday the euro/dollar rose to 1.0762. The euro/dollar was down to 1.0668 after the publication of ECB minutes but then it quickly restored itself. The strengthening of the euro is linked to a fixing of profit on short positions. The ECB announced that it is ready to alter its monetary policy at its December meeting. The US statistics were ignored. Initial unemployment benefit applications in the US for last week were down from 276,000 to 271,000. The

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