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Forex technical analysis: EURUSD shows some early NY selling

Discussion in 'Technical Analysis' started by ForexLive, Nov 10, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    That's more like it... The EURUSD is showing some early NY session selling after grinding higher on reports of a ECB cut in December. The pair nearly got to the 50% of the move down from the Friday's nose dive on the back of the stronger US employment report (at 1.07986 - see chart below). The high today reached just short of 1.0790.

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