EURUSD: under pressure before M.Draghi's speech

[Exness-Official]

Sell on a level breakthrough of 1.1155 with 1.1018 target. Stop loss = 1.1210.

Reason for the trading strategy

Today, market participants will be closely analyzing M.Draghi's speech. If the head of the ECB announces a decline in inflation expectations in the Eurozone, it will be a signal for a possible expansion of the asset purchases program and will put pressure on the euro.

 

[fxapex]

EURUSD has been falling a lot but its a common trend in this pair in this time of the year, has to wait for any clear signs.