1.3480 the low despite Draghi doing his best to spell out that ECB policy still has the potential to flood the market with cheap money and keep low rates.
The 55 mma and strong support is seen at 1.3471 then there’s not much in the way of tech support until the the 100 mma at 1.3439 then the 200 wma at 1.3344, which provided decent support once we broke above.
EUR/USD weekly chart 23 September 2013
