KQMarkets

EURUSD - Long - Pre ECB

Long
FX:EURUSD   Euro / U.S. Dollar
We still see EURUSD moving higher ahead of the ECB meeting on Thursday as the currency pair has rebounded this morning helped by EUR German ZEW Survey Expectations (Jan) coming in at 26.7 vs 15 forecast. Therefore we would look to the currency pair once again challenging resistance at around 1.115 as we await any key indications of future monetary policy from the ECB Thursday which could lead to significant price action.

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