EUR/USD: Leading - Ending Or Leading Diagonal - ECB ?
EUR/USD ahead of ECB - rates to be sustained at 0.0% - Attention will shift to Draghi's press conference looking for some hints - will see Draghi's stance - Neutral ? Hakish ? Dovish
EUR/USD trading inside falling diagonal which can be either leading diagonal if we break 1.1370 will target 1.1310 - 1.1290 1.27% extension - Ending diagonal where price will challenge 1.1520 bullish reversal level which will target 1.1620. If we break 1.1620, EUR/USD will extend rallies towards 1.1850 level.
Intraday bearish - daily bearish - bearish momentum with bearish grabers H4 and D1.
Suggestions: buy at 1.1370 - Stop loss 1.1360 - sell stop 1.1360 tp 1.1290
Sell at current 1.1400 or 1.1430 - STOP loss 1.1520 - TP 1.1370 - 1.1290 - buy stop 1.1440 TP 1.1520 - 1.1600
EUR/USD trading inside falling diagonal which can be either leading diagonal if we break 1.1370 will target 1.1310 - 1.1290 1.27% extension - Ending diagonal where price will challenge 1.1520 bullish reversal level which will target 1.1620. If we break 1.1620, EUR/USD will extend rallies towards 1.1850 level.
Intraday bearish - daily bearish - bearish momentum with bearish grabers H4 and D1.
Suggestions: buy at 1.1370 - Stop loss 1.1360 - sell stop 1.1360 tp 1.1290
Sell at current 1.1400 or 1.1430 - STOP loss 1.1520 - TP 1.1370 - 1.1290 - buy stop 1.1440 TP 1.1520 - 1.1600