EURUSD: ECB Meeting is the central focus this week.
EURUSD still stands firmly on 23.6% fib retracement : 1.1245
And below the support 1.1325
Next week is an very important week for Euro with ECB Meeting having a press conference.
100% there is no more easing from ECB, so we watch Draghi's comments.
Key point: does he suggest more easing or refuses to talk about it ?
If he suggests new easing, SELL Euro
On the other hand, he refuses to talk about easing, BUY Euro.
However, we don't exclude more dovish tone of ECB's Draghi.
And market could respond strongly with more dovish tone.
I think the SELL is more brighter than the BUY.
I maintain bearish bias for Euro to 1.1150 where Kumo cloud there.
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And below the support 1.1325
Next week is an very important week for Euro with ECB Meeting having a press conference.
100% there is no more easing from ECB, so we watch Draghi's comments.
Key point: does he suggest more easing or refuses to talk about it ?
If he suggests new easing, SELL Euro
On the other hand, he refuses to talk about easing, BUY Euro.
However, we don't exclude more dovish tone of ECB's Draghi.
And market could respond strongly with more dovish tone.
I think the SELL is more brighter than the BUY.
I maintain bearish bias for Euro to 1.1150 where Kumo cloud there.
--------------------------------
If you like my analysis, visit my page:goo.gl/zGH0RT
And my website :trackingforexsignals.com/
Free 1 month. You like, You subscribe.
More than 100 signal providers and +200 positions in Trading System. Track the best signals. No site has such feature around the world. Precise and Profitable.
- Trackingforexsignals - Think the right way
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