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ECB Preview: Will Draghi Drag EUR/USD Lower?

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Stating the obvious here, but it is all about the European Central Bank meeting today. Evidently, many traders were just sitting on their hands this morning; they didn’t want to speculate boldly ahead of the conclusion of the policy meeting. The stock market bulls know full well that the ECB can disappoint like it did in December, while the sellers don’t want to stand in the way either should the central bank exceed expectations. This indecisiveness is clearly reflected in the daily charts of

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