It’s not pretty…
If this were a fight, both fighters would be bloody but the buyers would have the edge on rounds.
The EURUSD is up for the 5th of 6 trading days (yesterday’s close was 1.13573) but the price action on the 5-minute chart below shows that the sellers are connecting at some points. German ZEW data was weaker (VW). There are calls for more QE in December by a few investment banks. The GBPUSD tumble may have had a downward influence. Feds Brainard muddied the water for the Fed earlier (more dollar bearish)..
Forex technical analysis: EURUSD fight continues with an upside tilt
