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EUR/USD Braces For ECB Stimulus

Discussion in 'Technical Analysis' started by Kaitlin, Mar 8, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    EUR/USD dropped to a one-month low approaching its 1.0800 support target last week as expectations of further stimulus by the European Central Bank (ECB) weighed on the euro. The long-awaited ECB press conference on Thursday of this week will provide more clarity as to whether these expectations come to fruition.[​IMG]

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