In this week’s The Chart of the Week, once again the euro is the focus and the downside is the ultimate trajectory for it as forecasted in the analysis. The latest news to start the week rhymes with the technicals and quotes ECB policymaker Ignazio Visco saying on Sunday: The euro’s recent strengthening is worrying us because it generates further downward pressures on prices at a time when inflation is already low, Visco, Italy’s central bank governor, told an event in Trento, as reported by Reuters news. The monetary policy implications are obvious: if the downward pressures jeopardise our price stability objective, we’ll have to intervene, is a line that should give the bears some fuel in the pursuit of the support structures outlined in the technical analysis illustrated in The Chart of the Week. If, however, opposite effects were to emerge, the measures we’ve already taken could suffice, Visco added. The euro has opened on the offer to a low of 1.1622 so far. The Chart of the Week: EUR/USD’s copy-book landing, still plenty of longs to unwind FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD consolidates biggest weekly losses in six months above 0.7000 FX Street 2 years In this week's The Chart of the Week, once again the euro is the focus and the downside is the ultimate trajectory for it as forecasted in the analysis. The latest news to start the week rhymes with the technicals and quotes ECB policymaker Ignazio Visco saying on Sunday: The euro’s recent strengthening is worrying us because it generates further downward pressures on prices at a time when inflation is already low, Visco, Italy’s central bank governor, told an event in Trento, as reported by Reuters news. The monetary policy implications are obvious: if the downward pressures jeopardise our price… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.