This article was first published on Orbex Forex Trading Blog.
- -
This content is synced from the rightful owners. Copyright on text and images belong to the original source.
- -


The euro currency continues its declines for the third consecutive day, as the ECB meets in a week’s time.

The common currency touched down to a weekly low of 1.1789 before pulling back into the start of the European session.

The Stochastics oscillator on the 4-hour chart remains well oversold, offering a modest rebound in prices.

However, the upside might be limited to the 1.1900 level. Here, the resistance will most likely keep a lid on the gains.

This opens up the downside as EURUSD could very well retest the 1.1715 level of support.

Test your strategy on how the euro will fare with Orbex - Open your account now. 

The post Euro Slips As Investors Prepare For ECB Meeting Next Week appeared first on Orbex Forex Trading Blog.

To keep reading this article, please navigate to: Orbex Forex Trading Blog.