USD rally is coming to a halt for some rest

Rally

EURUSD

Last week the dollar bulls were proving their supremacy. They had to fight again for passing downwards the 1.10 level by EURUSD pair. Draghi once more has rattled nerves but very soon everything got back to its place. Euro confirmed its downtrend. It is now proven by the exit from the small consolidation Triangle in the first week of October, followed by the pair’s bulls attempt to return it to the range. Two weeks ago there was the exit from the second Triangle. Then euro-bulls were trying either to turn the market to the familiar range, but they failed. It looks more…