If you have been following our daily analysis, you should know that we expected a trend reversal on the hourly chart from 1,1900
We are currently in the next key moment for EURUSD.
There is less than an hour left before the interest rate decision from the ECB, and that will be followed with a press conference 45 minutes later!
That will lead to big fluctuations and it will be the moment in which price action will either confirm or reject a downside move on EURUSD.
We're expecting a drop towards the first support at 1,1760 and then possibly 1,1680.
Of course we could see a move in the opposite direction at first and that's why our stops should be above 1,1900!
Entries before the news are quite risky!
We are currently in the next key moment for EURUSD.
There is less than an hour left before the interest rate decision from the ECB, and that will be followed with a press conference 45 minutes later!
That will lead to big fluctuations and it will be the moment in which price action will either confirm or reject a downside move on EURUSD.
We're expecting a drop towards the first support at 1,1760 and then possibly 1,1680.
Of course we could see a move in the opposite direction at first and that's why our stops should be above 1,1900!
Entries before the news are quite risky!
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
