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[QUOTE="HotForexsignal, post: 158763, member: 58463"] [B]Forex Market News - EUR/USD challenging 1.1300 regarding dovish Draghi[/B] [I]The pair remains pale and drops inconsistent to 1.1320/15 band.[/I] [I]ECB left unchanged its key combine rates, matching consensus.[/I] [I]ECB will reinvest QE debt greater than the first rate lift.[/I] EUR/USD is putting YTD lows muggy 1.1300 the figure to the test today following the press conference by President Draghi. EUR/USD closer to 1.1300 The pair is accelerating the daily downside after ECB's Draghi tense recent data in the euro area have arrived in upon the weaker side. In appendage, Draghi reiterated that a sustainable degree of getting used to in monetary policy is yet needed in order to save inflation upon its showing off to the banks take the goal. Draghi along with mentioned that risks to the economic slope are now tilted to the downside. [B]EUR/USD levels to watch[/B] At the moment, the pair is down 0.58% at 1.1316 facing the adjacent part at 1.1306 (2019 low Jan.3) followed by 1.1269 (monthly low Dec.14 20188) and finally 1.1215 (2018 low Nov.12). On the flip side, a fracture above 1.1396 (10-hours of daylight SMA) would strive for 1.1415 (21-daylight SMA) en route to 1.1442 (38.2% Fibo of the September-November slip). [/QUOTE]
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