EUR/USD continued deteriorating and broke down to the lowest levels since November 2012. Is it getting close to the bottom or can we expect more falls? The keys are in the hand of Mario Draghi. Apart from the ECB meeting, we have inflation numbers as well as PMIs and other events . Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. Also another German survey showed worse than expected business confidence. Preliminary PMIs were mixed but certainly unimpressive and Draghi joined in by reiterating that the ECB is ready to do more. Yet a big part of the move came from the ... (full story)