ECBs Villeroy says:
Does not see inflation picking up in EuropeThe EURUSD in the NA session has seen a move below the 200-hour MA at 1.13038 currently (green line on the chart above. The break comes after the pair ping-ponged between the 100-hour MA above (blue line) at 1.13436, and the 200-hour MA below (green line) currently at 1.13036.
Stay below the 200-hour moving average would have traders now looking toward the 38.2% retracement which stalled the fall today. Below that, and a swing area down to 1.12657 and then the 50% of the May trading range at 1.12414 would be targeted.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about ecb s villeroy does not see inflation picking up in europe was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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