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Forex pairs in this Article » EUR/USD (San Francisco) - After a brief jump to 1.3630, the EUR/USD was launched down following the Mario Draghi comments on monetary policy and now the pair is trading below 1.3600 around 1.3565.

Mario Draghi affirmed that the eurozone will have a prolonged period of low rates. he said also that the risk remain on the downside as well as price pressures expected to remain subdued, money and credit too.

Currently, the EUR/USD is pricing at 1.3570, still 0.5% negative in the day. The short term perspective is slightly bearish according to the trend index in the 15-minute chart.

EUR/USD technical levels

In terms of technical levels, the EUR/USD could face immediate supports at 1.3565 (daily low) and 1.3552 (Jan 7 low). On the upside, resistances are seen at 1.3620 (daily high), 1.3635 (Jan 89 high) and 1.3660 (Jan 7 high).
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