Tuesday, 11 September 2018

US Dollar Price Action Setups Ahead of ECB, BoE

The US Dollar is now digesting its own digestion, and this has helped EUR/USD to build into a descending triangle formation ahead of a widely-watched ECB rate decision.

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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...