-
EUR/USD Recovers Following Earlier Pullback
EUR/USD is currently exhibiting strength, as the pair has recovered from an earlier decline that resulted in a drop in excess of a quarter of a percent. At present, the pair is down a modest 0.03% from Monday’s North American close, trading near 1.0759. As a result of the recovery rally, EUR/USD is back up against the upper boundary of the rising trend channel which has contained price action throughout 2017. A breakout from the trend channel, which now appears imminent, would signal an acceleration of the advance from the early January 2017 corrective bottom, leaving the next target at the December 8th high at ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Jan 24, 2017 1:36pm Jan 24, 2017 1:36pm
- Bakker
- Joined Jun 2011 | Status: Member | 3247 Comments
- Comment #2
- Quote
- Jan 24, 2017 2:30pm Jan 24, 2017 2:30pm
- glenngie
- | Joined Nov 2009 | Status: Member | 1323 Comments
- Comment #3
- Quote
- Jan 24, 2017 2:46pm Jan 24, 2017 2:46pm
- Ghassforex
- | Joined Sep 2016 | Status: Member | 1119 Comments
- Comment #4
- Quote
- Jan 24, 2017 3:01pm Jan 24, 2017 3:01pm
- Guest
- | IP XXX.XXX.46.251
- Comment #5
- Quote
- Jan 24, 2017 6:08pm Jan 24, 2017 6:08pm
- Ziko9o8
- Joined Mar 2011 | Status: Member | 84 Comments