The EUR/USD pair kept rallying

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD The EUR/USD pair kept rallying on Thursday, reaching a fresh year high of 1.1411, despite macroeconomic data coming from Germany was far from encouraging. According to official releases, German unemployment was unchanged in March, snapping a run of five consecutive declines, although the unemployment rate held at its record low of 6.2%. Retail Sales in the country, fell by 0.4% during February, whilst it rose 5.4% in real terms compared to a year before. Negative sentiment towards the

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