Forex technical analysis: EURUSD stays below MA and 50% retracement - ConsultFX

Forex technical analysis: EURUSD stays below MA and 50% retracement

Earlier spike higher now seeing lower highs The EURUSD spiked on the dollar selling after China said it might look to slow US debt purchases.  If they did do that (they would be cutting their own throat as they already own a whole lot of US debt), the thought is they may funnel funds into Europe. Copyright 2015 Forexlive.com