FxGrow Daily Technical Analysis – 10th June, 2016
By FxGrow Research & Analysis Team
The EURUSD fell on Draghi’s comments
The EURUSD slumped and touched 1.1290 low on Draghi’s dovish comments as he warned of lasting economic consequences. The EURUSD came under pressure as Draghi also warned of weak stagnation and diminishing output and cutting the support point 1.1275 will continue its downward movement to touch near-term support levels 1.1235, 1.1215 and 1.1180.
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