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The euro is facing resistance, even though the ECB conference did not give clear indications of monetary policy, driven by targeted inflation and the growth of the EU economy, but it was not about the next EUR interest rates or the narrowing of the QE program, which is clear from the EUR compared to USD.The first support area can be at 1.16350, and then maybe up to 1.1515 as well.Nor is there any final agreement on the tariffs on EU cars exported to the USA, and there is the fear that Trump will persist in its objectives over this tariff, on the other hand the tariffs on other economic products will not be raised until the EU has substantially increased the Americas imports soybeans in the EU, as well as much bigger purchases of LNG from the US.We'll see what GDB will bring us from USA tomorrow.
