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Expected Euro Fluctuations in 1.1250 – 1.3335 range

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Yesterday’s Trading: The euro/dollar on Friday closed down. The ECB’s head economist Peter Praet hinted at a possible extension of their current monetary stance. The euro found a support at 1.1255. From here the rate restored to 1.1306. US stats helped it to restore to this level. The strengthening underwent some interference from the euro/pound which had fallen from trade close in the US. Preliminary figures for US consumer confidence in the university of Michigan’s index for March stood at

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