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Is the ECB targeting the euro to keep in on the right (downward) path?

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 26, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Outlook: We confess we were willing to consider that the euro’s corrective up move yesterday gained some credibility in part because of the press reports indicating that over the past twenty years, we had two big occasions when the dollar fell after the Fed raised rates. We can dismiss these comparisons as not relevant because so many conditions have changed, including the introduction of the euro and German reunification, but the idea lingers poisonously. We can add that in the wake of past

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