Thursday, 3 January 2019

EUR/USD Initiates Bearish Series as Rebound Flops Ahead of November-High

EUR/USD initiates a series of lower highs & lows after failing to test the November-high (1.1500), with the Relative Strength Index (RSI) also flashing a bearish signal.


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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...