EUR/USD tumbled after the ECB policy meeting – Profit Locked!

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The euro tumbled against all the major currencies after the ECB policy meeting and plunged to a two-month low against the U.S. dollar at 1.1200 our suggested target and at Thursday’s morning report, “ ECB Policy Meeting Arrived! More Stimulus Actions to Take Place? BoC Main Rate on Hold ” - a profit of 150 pips.The euro suffered the heaviest losses versus the commodity currencies, New Zealand dollar, Australian dollar and Canadian dollar. Against the New Zealand dollar, the shared currency

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