Τρίτη 17 Νοεμβρίου 2015

Technical Analysis EUR/USD

Selling EUR/USD, as the pair has been on a clear downtrend for a few days with no correction in place at the moment. The pair reached today’s peak at 1.0690 in the Asian session, and after it broke resistance at 1.0660. Only really disappointing news from the US today regarding consumer price index can push the pair backup to the 1.07 level, if inflation figures come out as better than expected at 2% then the rate hike from the FED this December will be highly likely.


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