ECBs Wunsch is on the wires saying:
- Could also be too early to get hopes up on fee cuts.
- Can not exclude insurance policies to kind for longer than seen.
- Wages are excessive labor markets are tight
The EURUSD bounced off assist immediately close to a swing space and above the 100 bar MA on the 4-hour chart, however stays beneath the 200 bar MA on the 4-hour chart at 1.08248. The 200-day MA is at 1.08414 and stays a topside goal as nicely on extra upside momentum.
This text was written by Greg Michalowski at www.forexlive.com.
