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Why the Euro Might Remain Bullish in the Week Ahead

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Last week saw the Euro Dollar buoyed by the weaker than expected rhetoric emanating from the Federal Reserve. The subsequent rally has reignited a bullish sentiment for the pair but the question remains as to whether the Euro will continue to challenge resistance in the week ahead. The Euro was strongly bullish through last week following the US Fed’s FOMC decision and the subsequent dovish statement. Although it was largely no surprise that the Federal Reserve held the FFR steady at 0.50%,

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