In the week ahead, besides the crucial ECB monetary policy decision, markets also look forward to the ZEW surveys and the housing data from the US for further momentum on the major.
While today’s macro calendar remains fairly light and hence, the focus will
remain on FOMC member Dudley’s speech scheduled later in the NY session.
EUR / USD pair finds the immediate resistance at 1.1305, a
break above 1.3105, door will open to test 1.1390, on the flip side , the
immediate support is placed at 1.1232 below it 1.1200 could be tested.
More will update soon!!
