- EUR/USD is trading mixed after the ECB rate announcement.
- ECB press conference – October 24: Draghi speech live stream.
EUR/USD daily chart
On the daily chart, the shared currency is trading in a bear trend below its 200-day simple moving averages (DSMA). Mario Draghi is presiding its last European Central Bank (ECB) meeting. No change in monetary policy has been made.
EUR/USD four-hour chart
The Fiber, on the four-hour chart, is trading above its main SMAs, suggesting bullish momentum in the medium term. The market found decent support at 1.1120. The level to beat for bulls is the 1.1140 and 1.1160 price levels, according to the Technical Confluences Indicator.
EUR/USD 30-minute chart
The Euro is trading sideways on the 30-minute chart. The recent retracement down of the last days could continue towards the 1.1090 and 1.1065 price levels, according to the Technical Confluences Indicator.
Additional key levels
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