EURUSD / D / Key Level
EURUSD is ATM hovering around 2018 key support level - 1.21550-1.21650
We have very anticipated news tomorrow coming from ECB which will give us the direction for Q2.
In case this level gets broken, supports zones that follow will be around 1.20800 and next one is at 1.19200
On the other hand if we see hawkish ECB comments next station is 1.22600, then 1.23140, then 1.23900, followed by 1.25 level which if broken could lead us to the longly awaited retest of the downtrend line on Montly chart.
We have very anticipated news tomorrow coming from ECB which will give us the direction for Q2.
In case this level gets broken, supports zones that follow will be around 1.20800 and next one is at 1.19200
On the other hand if we see hawkish ECB comments next station is 1.22600, then 1.23140, then 1.23900, followed by 1.25 level which if broken could lead us to the longly awaited retest of the downtrend line on Montly chart.
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