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Euro/Dollar: Nearing Important Support Zone

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 5, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Hourly Yesterday’s Trading: Expectations of a euro weakening rang true. Strong service PMI data from the US’ ISM and ADP and comments made by Yellen lent support to the dollar. Employment creation in the US private sector was down from 190k to 182k (forecasted: 180k). The ISM’s index for October stood at 59.1 (forecasted: 58.0, previous: 59.0). Main news of the day: 09:00 EET, German industrial orders; 12:00 EET, Eurozone retail sales; 13:45 EET, ECB’s Draghi to speak; 14:00 EET, BoE’s

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