EUR/USD Rallying Around the ECB Decision and Draghi Press Conference

Trendline Support: The previous 1/7/2013 EUR/USD update noted respect of 1.30 and a rising trendline. The market kind of hung around 1.3050 just ahead of the ECB monetary meeting. But even before the meeting, the market rallied to 1.31 where it hung around a bit. Then after the policy statement was…

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EUR/USD Rallying Around the ECB Decision and Draghi Press Conference