- EURUSD gets in the range between 1.116 and 1.10, awaiting what Draghi has to say in the ECB meeting on Thursday
- The will continue, possibly after first moving up to a medium term .
Seller pressure was quite big though, so the medium-term resistance never got tested. Price went south rather quickly and is now at a critical support level.
My feeling still says the bearish sentiment will continue to drive the price down, but if buyers intervene we could again see the price rebound and go higher, back into the range.