After yesterday's press conference of the ECB, Mario Draghi announced the termination of the redemption of bonds, the euro's exchange rate has subsided. For one day, the Euro moved down for almost 300 points.
At the moment, considering the chart, we see that the price fell below the level of 1.1630 and almost reached the level of 1.1530. We expect that during today's trading, the price may pass in the upper boundary of this channel and rush down to test the level of 1.1530.
At the moment, considering the chart, we see that the price fell below the level of 1.1630 and almost reached the level of 1.1530. We expect that during today's trading, the price may pass in the upper boundary of this channel and rush down to test the level of 1.1530.