Today, the meeting of the European Central Bank is in the focus of traders' attention. Italian Prime Minister Giuseppe Conte urged the ECB to support the economy, a source in the EU administration said. Experts interviewed by Bloomberg do not expect the European Central Bank to change key interest rates.
Pivot - 1.1295
Provided that the currency pair is traded below 1.1335, follow the recommendations below:
In case of breakdown of the level 1. 1335, follow the recommendations below:
RSI shows descending movement. EUR/USD may fall by 20-50 points.
| Resistance | Support |
| 1.1395 | 1.1275 |
| 1.1365 | 1.1245 |
| 1.1335 | 1.1215 |
Pivot: 1.1315
While the price is above 1. 1451, follow the recommendations below:
If the level 1. 1451 is broken-down, follow the recommendations below.
RSI shows the possibility of a descending momentum. EUR/USD might fall by 348 pips after a false break-down of 1.1451.
| Resistance | Support |
| 1.1840 | 1.1100 |
| 1.1700 | 1.0990 |
| 1.1565 | 1.0880 |
NZD/USD – buy above 0.6238 with 0.6286 and 0.6298 as Take Profit targets. Alternative scenario - if the level of 0.6238 is broken-down, you should consider selling with the targets 0.6218 and 0.6206 as Take Profit.
GBP/USD - short positions above 1.2850 with 1.2780 and 1.2740 targets as Take Profit. Alternative scenario - if the level of 1.2850 is broken-down, buy with the targets 1.2880 and 1.2905 as Take Profit.
USD/CHF - buy above 0.9315 with 0.9370 and 0.9400 targets as Take Profit. Alternative scenario - if the level 0.9315 is broken-down, sell with the TP 0.9285 and 0.9265.
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