Thursday, 4 October 2018

EURUSD Sliding Towards Technical Support - Will it Hold?

EURUSD continues to battle weak EUR fundamentals and a resurgent US dollar. Help maybe in sight from a couple of technical support levels but the trend still points to lower prices.

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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...