EUR/USD, the euro is afraid of Draghi!
Old song, the euro is back again, testing the 1.06010/30 support. As you can see, the bears want’s lower levels here, there is no doubt about that. How low thay will get, 1.0580/90 or lower? We have ECB Interest rate decision today, is it possible that the market players expect the new measures from Mr. Draghi!? The trendline has moved now, and you can see that the pair has rejected yesterday from the strong resistnace level at 1.0710/20, the previous support from March 31./April 01. The bulls have pushed the pair up strongly, but they surrenderer quickly. We will have an interesting day here as I see.