EURUSD Pullback to POC zone for possible long trade

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Yesterday ECB decision was a bit of surprise. Mr.Draghi failed to deliver faster pace of QE measures and ECB has extended the program by 6 months – to March 2017. Deposit rate has been cut to -0.30% Main refi rate has been unchanged at 0.05% and marginal lending rate is also unchanged at 0.30%. Money has moved to cash. We have to watch GOLD price in next couple of days, as we could see a rebound. NFP today will move the price but that could be used for pullback trading. If we get a pullback to

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