EUR/USD consolidates before ECB this week

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD consolidates before ECB this week “The data certainly is a big driver of the dollar’s weakness.” - Commonwealth Foreign Exchange Inc. (based on Bloomberg) Pair’s Outlook On Friday the volume of trading fell to the lowest level since March 28, while the Euro is getting ready for the ECB meeting later in the new week. Fluctuations of the EUR/USD pair are insignificant, with major caps provided by the 1.13 mark and the weekly pivot point above at 1.1327. From the

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