EUR/USD hits stops on break of Monday's low
The euro fell to 1.0961, narrowly below Monday's low of 1.0964 as stops were hit on a break of the session low of 1.0972.
The ECB decision tomorrow is in focus. It's one of the lesser-touted decisions in month because Draghi has pointed to the December meeting as the time when changes to the asset-purchase program will be announced.
Still, the market will be looking for hints on what is coming next.
To me, the risks are two sided as taper talk could creep in but the market has been selling the euro at every opportunity.
The key support levels are the July low of 1.0952 and the Brexit spike low of 1.0913. Expect big bids nearby.
