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Expect V-shaped Model from Euro

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD 1H Yesterday’s Trading: Yesterday was a volatile one. The euro/dollar first dropped to 1.1237 due to growth of the European stock indices. Then at 15:30 EET the euro renewed its minimum in response to the publication of the text of Fed chief Yellen’s report. The text of the report was published an hour and a half before she made her speech. I think that it was done quietly in order to lessen tensions on the financial markets. A difficult task lay ahead of Yellen: she needed be soft

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