EUR/USD Technical Analysis: The pair still targets 2019 lows in the 1.1180 region

Spot came under renewed selling pressure on Wednesday and tested fresh weekly lows in the 1.1250/40 band.
Extra retracements are therefore likely and now target the yearly lows in the 1.1180/75 band.
In the broader picture, the negative outlook on EUR/USD is seen unchanged while below the 5-month resistance line, today at 1.1401.

EUR/USD daily chart

Mar 27, 2019

EUR/USD: Scope for a little higher, but not much – Nordea Markets

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ECB's Praet: Natural interest rate to be structurally low for a while

The European Central Bank (ECB) outgoing Chief Economist Peter Praet is back on the wires now, citing that the natural interest rate needs to be struc

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