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EURUSD PRE ECB Analysis - Important Levels to watch for

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 21, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Today, there will be an important ECB meeting where ECB should announce a minimum bid rate which is expected to remain on hold. But as always, ECB conference is very important as investors are actually waiting for any additional cues from mr.Draghi about further economic measures. China slowdown, Oil price, Stock markets, among other things have influenced a strong risk aversion and after the initial drop the EURUSD has been ranging for 6 weeks. The ECB bid rate announcement is scheduled for

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