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EUR/USD Muted After Draghi's Comments

Discussion in 'Technical Analysis' started by Kaitlin, Feb 16, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    ECB President Draghi confirmed his readiness to act in March, which used to have an immediate bearish impact on the Euro vs Dollar. The pair slumped towards 1.1150, therefore closing the session almost 90 pips lower from the opening mark. The bears are aiming at the support cluster near 1.11,[​IMG]

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