ECBs Vujcic is on the wires saying:
- The risk of inflation undershooting has picked up.
The EURUSD moved up to test the swing area on the 4-hour chart between 1.06005 and 1.06010. The price has come off after reaching into that area. The current price is back at 1.05904.
This article was written by Greg Michalowski at www.forexlive.com. Source