Euro started the week with lacklustre sideways trading in a 40-pip range. Highlight of the week is the ECB meeting on Thursday and, while many are expecting them to signal further easing, chances are that it won't happen yet. The pair is now trading comfortably above 50, 100 and 200 DMA and looks well supported in the dips in this weak dollar environment.
Support:
1.1325 - 1.1340 (Low Of Day, Previous Week Low, Daily Support 1)
1.1290 - 1.1300 (00's, Daily Support 2, Weekly Support 1)
Resistance…
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