© Dukascopy Bank
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Daily
maximum: 102.20
The common European currency inched lower today on announcement the ECB might launch QE if the inflation risk occurs. The daily mean target at 101.99 has been pierced.
Daily Resistance: 102.32; 102.65; 102.95.
Daily Support: 101.69; 101.39; 101.06.
Daily Bias: Neutral.