My Idea Based On Trend line , Channel Analyses. Without forgetting Fundamental analyses.

The single currency continues to drift lower as expectations for the first EU rate hike are pushed back into mid-2019. At a speech in Frankfurt on Tuesday, ECB President Mario Draghi helped to weaken the EUR further after he said that there were no signs of a credit fueled bubble in the euro area, meaning monetary policy will remain loose for the foreseeable future.

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