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Euro at risk on the back of ECB comments, could Dollar take over again?

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 16, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Price action in the major currency pairs has been quite interesting over the past 24 hours as it kind of hints towards a change in momentum and possibly outlook over the short-to-medium term. During this week we’ve seen an extended anti-Dollar rally in the Euro and the Cable with both pairs enjoying solid gains against their US counterparty however this could change as we move forward. Yesterday comments from ECB officials called for more action from the central bank on the issue of the

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