EURUSD Draghi Speaks the Euro Drops

The ECB left rates unchanged but Draghi suggested further easing could be in the cards at the press conference that followed.  The move lower pushed the pair below significant support between 1.3020/.3000.  As long as the cross remains below this level a continued move lower is favored.  Support now begins at 1.2885 followed bu 1.2820.

Sup        1.2885                   1.2820

Res        1.30/1.3020

Keane Plan...Favoring a continued move lower...Looking for pullback to short.

Non subscribers can have a Free 1-week trial HERE

To Access Daily Wake Up Call Videos, Current KEANE TRADES and Private Twitter Feed Click HERE

Leave a Reply