EUR/USD – Euro Sellers’ Resilience To End Soon?

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EUR/USD – Euro Sellers’ Resilience To End Soon?

Postby » Wed Sep 14, 2016 2:49 pm

This article was written by Aayush Jindal, currency analyst at Titan FX.

The Euro sellers were seen struggling lately due to a weaker US Dollar. The technical front for the EUR/USD pair looks constructive and signaling a major break going forward.

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The recent moves in the US Dollar caught many traders by surprise, as it declined heavily against most its counterparts, including the Euro. However, the greenback soon managed to recover and traded higher.

The Euro versus the US Dollar recently failed to break the 1.1320 resistance ... (read more)

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