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Monday, March 13, 2017

[FOREX NEWS] EUR/USD fails in breaking higher as ECB cools things down

EUR/USD is trading at 1.0670 after reaching resistance at 1.0710. The attempt to break higher was rejected. While euro/dollar remains on high ground, some of the momentum is lost. Why? The moves to the upside were propelled by the European Central Bank. First came the press conference by Mario Draghi. He explained that the Bank removed the “using [...]

The post EUR/USD fails in breaking higher as ECB cools things down appeared first on Forex Crunch.



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