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EUR/USD Crashes 230 Pips On Draghi's Comments

Discussion in 'Technical Analysis' started by Kaitlin, Oct 24, 2015.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Pressure on the EUR/USD currency pair was enormous on Thursday, following the ultra-dovish ECB press conference. A drop exceeded all expectations as the pair lost more than two figures and even fell below the 200-day SMA to close the trading session at 1.1108, down from the day's opening level of[​IMG]

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