The market barely reacted to the news, but for sure, news are not good for the greenback. The EUR/USD pair's 4 hours chart shows that it managed to hold above the 23.6% retracement of the previous two weeks' rally, around 1.2375 also above all of the moving averages, with the 20 SMA gaining …

Source: EUR/USD analysis: conservative Draghi vs. poor US data

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