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Uncertainty around ECB Decisions

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Mar 11, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Earlier today, the euro declined against the U.S. dollar once again as uncertainty around today’s ECB decisions continues to weight on the European currency. Thanks to these circumstances, EUR/USD dropped under the barrier of 1.1000. Will we see a test of the recent lows in the coming days? In our opinion, the following forex trading positions are justified – summary: EUR/USD: short (stop-loss order at 1.1512; initial downside target at 1.0572) GBP/USD: none USD/JPY: none USD/CAD: none

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