Euro/Dollar: Readying for Return to 1.0877

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EURUSD 1H Yesterday’s Trading: Yesterday the GBP fell throughout the market and forced the euro bulls to drop to 1.0819. The UK industrial manufacturing index fell to a three year low. Other key currencies followed the pound downwards. After trading closed in Europe, the euro/dollar returned to the LB at 1.0877. When Chinese balance of trade data came out in the morning and the stock indices switched into the green, the euro/dollar renewed its minimum at 1.0810. Main news of the day (EET):

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