There is an expectation for the ECB to announce an extension of APP at a lower rate (Barkleys expect EUR30bn per month). Fundamentally would make sense for Euro to be strong heading into the meeting, we have the technical swing setup for such a trade on all pairs except EURCAD.

EURUSD H4

WM2 to WM4. Note last week's double bottom.

EURGBP H4

Note the double bottom, price is currently at the role reversal of that bottom, in the bullish zone with WM4 as target.

EURAUD H4

I am a Aussie bull so not a fan of this plan though there was a double bottom last week and price is at the role reversal of that double bottom which is also WPP - target WR2.

EURCHF H4

No double bottom like the others though we do have role reversal support in the bullish zone with a target of WM4/ WR2.

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