Broader fundamental outlook remains supportive"Earlier comments from ECB officials may have tempered expectations. She also indicated that we are in a good place but that place is not fixed. Support at 1.1640/70 levels (50 DMA, 23.6% fibo retracement of Mar low to Sep high), 1.16 (100 DMA) and 1.1460 (38.2% fibo)." It remains early to concur if he can turn things, but early polls show he only has a positive opinion of 16%. However, the broader fundamental outlook remains supportive of the euro, suggesting a buy-on-dips approach.