Good Morning Community;
The European Central Bank (ECB) meeting and Governor Mario Draghi’s press conference should trigger decent price volatility in the euro markets. The dovish ECB expectations are expected to keep the upside limited heading into the meeting, while the decision should give a clearer direction to the euro in the short-term. Breaking above the 1.1340, the EURUSD could gain enough momentum to target 1.1500, before 1.1616 (2016 high). Clearing the 1.1122-support (Aug 31st low), …
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