Today, the ECB will announce whether it will lower interest rates again.

The announcement is at 1:15 PM London time, followed by a press conference 30 minutes later.

EURUSD has broken the support level of 1,0875 and is heading toward 1,0800.

There are no grounds for new trades before the announcement.

Keep an eye on EURJPY and EURAUD for better opportunities.
FibonacciTrend AnalysisTrend Lines

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