Wednesday, 23 October 2019

EUR/USD Price: Resistance Remains Firm Ahead of ECB Meeting, PMIs

EUR/USD is drifting lower ahead of Thursday’s ECB meeting after running into solid resistance at the 200-day moving average.

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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...