The EUR/USD pair plunged to 1.2097, its lowest since early January amid a combination of dollar-positive events and the disappointment brought by an on-hold ECB.
Topics in depth
A second attempt to regain the key threshold was quickly reverted. UK and US GDP figures on Friday will be the final challenge.
"A cycle is a recognizable price pattern or movement that occurs with regularity in a specific time period"
"Advisory Opinion, comprised of arguments and trade ideas which have been committed to publication and therefore have an influence on the trading public,
"Have you ever read news updates mentioning Elliott Wave yet you don’t have a clue what these mean for the Forex?"
"Support and Resistance Lines conform the most basic analytical tools and are commonly used as visual markers to trace levels where the price..."