EUR/USD/Technical Analysis

EUR falls again after IFO: Next support at 1.2890

Quite a nasty fall across the board for the EUR, after poor PMI and IFO. Next risk event is Draghi at the Bundestag.

  1. Despite the poor PMI and IFO, AUD/USD hold the level. It’s not the same story that yesterday when the equities went down. Obviously, the traders prefer the CPI new 😉

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