EURUSD pair stays within a downtrend ahead of ECB press conference.
However, investors’ concerns about monetary easing seem exaggerated.
The possibility of the instrument’s growth right now, when the US dollar is consolidating in a narrow range, is high.
Support and resistance
The asset continues corrective growth within the global triangle pattern and is currently near the support line.
Resistance levels: 1.1150, 1.1240
Support levels: 1.10250, 1.0890