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Technical Analysis EURUSD : 2015-12-02

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 2, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    ECB meeting and US Non-farm Payrolls this week On Tuesday the euro corrected up snapping the 4-day losing streak and having hit a fresh 7.5 year low. Strong EU macroeconomic statistics puts in doubt the further euro weakening even in case ECB expands the monetary stimulus programme. Amid this news the US economic indicators look not that bright. Will the EUR USD pair continue strengthening? In the recent 6 weeks the euro slumped 8% against the US dollar as the markets reacted on the ECB plans

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