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EURUSD Update, 1.1060 in Sight

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    EURUSD, Daily EURUSD moves higher as German consumer confidence improves, and U.S. Q3 GDP growth falls slightly from 2.1% to 2.0%. EURUSD looks to be in recovery mode after dipping to a low near the 1.0520′s last week. The major trend still remains bearish; however there remains room for a price attempt towards a key resistance spotted around the 1.1060′s.

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