Euro bulls revisit 1.1150 as ECB’s Draghi speaks

 

EUR/USD daily chart

 

 

 

 

EUR/USD four-hour chart

 

The Fiber, on the four-hour chart, is trading above its main SMAs, suggesting bullish momentum in the medium term. The market found decent support at 1.1120. The level to beat for bulls is the 1.1140 and 1.1160 price levels, according to the Technical Confluences Indicator. 

 

 

 

EUR/USD 30-minute chart

 

 

The Euro is trading sideways on the 30-minute chart. The recent retracement down of the last days could continue towards the 1.1090 and 1.1065 price levels, according to the Technical Confluences Indicator.

 

 

Additional key levels