deriangw

Possible Setup for the EURUSD

Long
FX:EURUSD   Euro / U.S. Dollar
Today is the ECB Press Conference.
We will be expecting major volatility during this event.
Determination to lift inflation with Draghi also likely to a promise a policy re-evaluation in the fourth quarter.
Quite possibly that TP 1 and 2 will be hit by today.

In case that EURUSD breaks downward we will see a short setup. If that happens, then the resistance and support line would have to be reevaluated.

Trade according to your own risk!
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