Since the last ECB meeting, at which Draghi hinted that they may ease further in December, Euro fell more than four cents. Hawkish Fed didn't help the pair either. It is currently holding below the bottom (trendline) of the seven-month trading channel and below 50, 100 and 200 DMA. Rallies have been weak, suggesting that the sellers are firmly in control.
Support:
1.0985 - 1.1000 (00's, Low Of Day, Weekly Pivot Point, H1 50 SMA, Late Friday Low)
1.0950 - 1.0965 (Previous Day Low, Daily Support 1…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –