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EURUSD Head and Shoulders aiming for 1.0975

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

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD dropped like a stone after ECB president’s Draghi dovish speech yesterday. The ECB president stated that the current policy needs a reassessment and that could happen as early as in December. As I already explained in my INTERVIEW with Fxstreet, ECB is closely monitoring China’s situation and FED activity too. If China is slowing down that will also reflect on Eurozone exports and 2 % inflation goal will be hard to meet. Additionally ECB can always cut rates but as I had

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