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Euro/Dollar: Technical Picture Contradictory

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Hourly Yesterday’s Trading: By the end of Tuesday, the euro was up against the dollar by 60 points to 1.0891. The Swiss franc was also stronger against the USD. The Aussie and the pound were down. The market is undergoing a correctional phase after the ECB meeting and Draghi’s words. Main news of the day (EET): 09:00, German balance of trade and payments for October; 17:30, US oil reserves; 22:00, RBNZ interest rate decision and press conference. Market Expectations: I don’t see any readiness

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