Today is the ECB day and they are expected to be dovish. If that materializes the pair will fall, if not it will rally. Since there's US monthly jobs report scheduled for tomorrow, the excursions to the either side may be limited, save for any big surprises.

Euro is trading near the middle of the recent 1.08 - 1.17 range, defined by the July low and the August high. It is also in the lower half of the six-month upward sloping trading channel (currently 1.0925 - 1.1750).

Support: 1.1150 - 1.1155 (Previous Week Low, Daily Support 2, 50's) and then 1.1085 - 1.1115 (100 DMA, 00's, 50 DMA, Daily Support 3). Resistance: 1.1285 - 1.1300 (200 DMA, Daily Resistance 1, 00's) and then 1.1320 - 1.1355 (Previous Day High, Tuesday's high, Weekly Pivot Point, 50's, Daily Resistance 2).

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