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EUR/USD: Draghi helps bears, fresh lows eyed

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0805 View Live Chart for the EUR/USD The ECB had its economic policy meeting this Thursday, and as largely expected, left rates unchanged. The EUR/USD remained muted around the 1.0900 level ahead of Draghi's speech, but once he delivered, the common currency plunged: Draghi said that rates will remain at current, or lower levels for an extended period of time, while repeatedly stated that the Central Bank will likely review its policy next March. Additionally, he

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