themarketzone

Bullish Cypher pattern completed just before the Draghi's show

FX:EURUSD   Euro Fx/U.S. Dollar
Bullish Cypher pattern (weekly) completed today in the $EURUSD just a day before the Draghi's show tomorrow.
Will Draghi continue to beat down the already beaten EUR or will the EUR rise like a phoenix after Draghi will disappoint everyone's expectations of Euro             Zone's QE?
The next weekly support levels are 1.238 and 1.228.
It's not the euro that matters here.
It's the dollar.
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For now I totally agree. The question is what will happen tomorrow.
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Cityfox themarketzone
Long...Thursday & Friday.
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