Moves back above the 100 day MA
This is what it looks like after Draghi says does not expect more cuts (this is a 1 minute chart). The pair nearly reached the high price from the minute of the decision at 1.0974. The correction since that peak comes down to the 100 day MA and what was resistance turns to support for this moment at least.
Quick...get out the bullish story line for the day. EURUSD rallies after ECB rate cuts and QE increases.
