EUR/USD pair trading as high as 1.1217 last week

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    EUR/USD The dollar continued in sell mode ahead of the FED's economic policy meeting, with the EUR/USD pair trading as high as 1.1217 last week, as the ECB failed to weaken the common currency, and fueled the greenback's previous decline. The common currency soared after the market digested the announcement of a comprehensive package of easing measures by the European Central Bank, aimed to boost the local economy and inflation. The news backfired on Draghi, as investors can't see how more of

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