EURUSD Forecast and Technical Analysis October 27th

The EURUSD pair accelerated its overnight sharp declines and fell to the lowest levels since July overnight after the ECB prolonged its QE and the US Congress passed resolution seen clearing the way for tax reform.

The US Dollar is gaining further traction heading into the US Q3 GDP release due later today with spot trading down 0.1% at around $1.1620 level.




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