EUR/USD: lead by Central Banks

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD Current price: 1.0647 View Live Chart for the EUR/USD The EUR/USD pair close the week near the 7-month low set at 1.0616, last Wednesday, maintaining the bearish trend established last October. After the upward corrective movement from past Thursday, the pair resumed its decline by the end of the week, helped by ECB's President Mario Draghi, who repeated the December´s QE extension rhetoric, in a speech before the European Banking Congress, in Frankfurt. At the same time, FED

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