ECB holding and EUR bearish - Scotiabank

FXStreet (Guatemala) - Camilla Sutton, CFA, CMT, Chief FX Strategist at Scotiabank noted that the ECB left interest rate policy unchanged.

Key Quotes

"EUR/USD short‐term technical are bearish with few signs that suggest that downward pressure is easing”.

“Technically, support lies at the recent low of 1.2571 and resistance at 1.2700."