Sforex
Short

EURUSD: ECB Meeting is the central focus this week.

FX:EURUSD   Euro Fx/U.S. Dollar
171 0 3
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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