Recovers 78.6% of its ECB/Draghi Presser Drop

Euro Fx/U.S. DollarFXCM

Description

⋅ Nov 7, 2013 2:10 PM

6E_F FXE DX_F UUP

Comments

JPS

⋅ Nov 7, 2013 2:11 PM

What does this mean?

andrewunknown

⋅ Nov 7, 2013 2:30 PM

just that it recovered the last key retracement level before completely reversing the move since the ECB press conference began at 0830ET

JPS

⋅ Nov 7, 2013 2:33 PM

Thanks. There is still chance of its going down to 1.31 levels after retracement to 1.34 or so.

andrewunknown

⋅ Nov 7, 2013 6:03 PM