FX Watch: EUR/JPY and EUR/GBP’s Resistance Levels in Case of a Dovish ECB Event

8 months ago 35

The ECB is up this week! Our Event Guide for the July ECB Decision suggests that President Lagarde and the crew are planning to keep things steady after easing up in their past few meetings. Will this week’s decision convince traders to buy the euro? Or will ECB members' concerns weigh on the currency against its major counterparts? We’re taking a closer look at EUR/JPY and EUR/GBP setups in case the ECB goes dovish:

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