Market expects an aggressive move by Draghi and he is known to over deliver.
Steep down trend with lots of traders short the EUR
Near term resistance at today’s high of 1.0635 area
Stronger resistance 60 pips above at 1.0695
Major Risk Event Thursday Dec 3rd for EUR
7:45am EST Minimum Bid Rate
8:30am EST ECB Press Conference
Watch the deposit […]