EUR/USD broke previous low!

eur-usd 22.01.

After the ECBs QE action, EUR/USD broke previous low from January 16. at 1.1459! Could the pair stop here or will continue to fall toward 1.1376, the low from November 2003.? The pair is looking extremely bearish at the moment, but bulls are fighting to defend this level. Interesting day for sure.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s