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EUR/USD: breaking lower, 1.1000 next

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.1037 View Live Chart for the EUR/USD Adding to yesterday ECB's announcement, the People Bank of China cut its benchmark lending rate and reserve requirements for banks during the European morning, in another attempt to boost local growth. Stocks markets are loving the easing announcements, with European indexes rallying to fresh 2-months highs and US indexes pointing to open with strong gains. Early data in the EU showed that growth in the region was quite strong at

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