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EUR/USD: under pressure as the ECB looms

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 9, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EUR/USD Current Price: 1.0998 View Live Chart for the EUR/USD The common currency is under pressure as the ECB's decision looms, and despite broad dollar weakness. Speculators are taking profits out of the table ahead of the meeting, as the pair failed to rally beyond the 1.1040/50 region a couple of times this previous days. The macroeconomic calendar has been quite light during the European session, and will remain so during US trading hours, and the pair is expected to remain within its

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