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Euro rebound easily reversed

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Yesterday, the dollar regained most of Tuesday’s losses as tensions between Russia and Turkey were expected not to escalate. Rumours on (aggressive) measures at next week’s ECB meeting pushed European yields lower, supported European equities and weighed on the euro. The euro decline/dollar rebound slowed later in the session as US equities drifted basically sideways. EUR/USD closed the session at 1.0624 from 1.0643. USD/JPY ended the session at 122.74 from 122.53. The trade-weighted dollar

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