EUR/USD started the week by sliding. The close under critical resistance proved to be a bearish signal. Doubts began creeping about what Draghi could actually deliver in the rate decision. The president of the ECB and European leaders pledged to do everything to save the euro, but Germany objects the most critical measures such as direct and immediate bond buying. Markets remain cautious at the wake of this critical week for the euro.
Here’s an update about technical lines, fundamental indicators and sentiment regarding EUR/USD.
Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-july-30-losing-steam-as-doubts-about-draghis-moves-creep/"]EUR/USD Losing Steam as Doubts About Draghi’s Moves Creep[/URL][/I][/B]
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