*First Technically :-
1- Valid pattern.
2- Valid structure zone .
3- 0.50 fib retracement for AB leg
4- Valid channel pattern.
*Second Fundamentally :-
issued by ECB since 2 week regarding the economy stimulation by delivering more than expected
easing monetary police ( QE_ stimulus system ) , including a more negative deposit rate and increasing bounds purchases , having said that this gave EUR appreciation against USD , further more last week FOMC delivered a dovish statement which would decease the rate hikes forecasting for this year than what have been stated by FOMC in 16 of December 2015 .
Based on technical and , movement may be expected and if the trend close above 1.137 , we might expect to reach 1.144 level.