EUR/USD still bounded between 1.13 and 1.14

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Technical Analysis EUR/USD still bounded between 1.13 and 1.14 “Increasing the size of the program would probably put the most downward pressure on the euro of all the likely options.” - CMC Markets UK (based on WBP Online) Pair’s Outlook Before the European Central Bank meets in Malta on Thursday, the EUR/USD cross decided to stay on hold during the previous 24 hours. The near term development is fully dependent on the ECB's decision today. In case more QE is signaled, we will expect the Euro

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