EUR/USD enjoyed hopes for progress in the debt crisis and advanced within its range. With no real breakthroughs, the pair didn’t break critical resistance. Is it set to fall now? Public appearances by Mario Draghi, German Ifo Business Climate and the forward looking Flash PMI’s are the main events . Here is an outlook for the upcoming events and an updated technical analysis for EUR/USD. The EU Summit didn’t make progress on debt crisis issues: No announcement about a fresh cash disbursement was made. Also regarding Spain, the lack of progress with a banking union probably didn’t help Spain make a decision about a ... (full story)