EUR/USD is falling below the support line that accompanied it since mid September. The line was later formed in late September and early October. The dip to a new low of 1.1120 is below this line, but this break is awaiting confirmation.
The Draghi effect (see the 5 blows) is certainly taking its toll and the does not seem nigh. The next support line is 1.1080 after the 180 pip fall that we’ve seen so far.
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