Has Draghi said enough for the EURUSD to head south

May 12, 2014 by Nanakiver3

Last week the ECB and Draghi in particular hinted at action in the June ECB meeting, this sent the EURUSD tumbling lower through the 1.3773 support which is now holding as resistance. We eye 1.3670 as the next major support level.

eurusdh4

EURUSD 4 hour chart