Wednesday, 9 October 2019

Euro Price Outlook: EUR/USD Plunge Pauses at Downtrend Support

Euro rallied nearly 1% off the yearly lows registered last week– the start of something or just a rebound? Here are the levels that matter on the EUR/USD weekly chart.

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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...