Thursday, 13 September 2018

EUR/USD Technical Analysis: Downtrend Intact Amid Consolidation

The Euro is stuck in a choppy consolidation range capped near 1.17 against the US Dollar but the dominant downtrend still looks to be firmly intact.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...