EURUSD
is bouncing from the ascending trend line on daily time frame supporting the bullish view on the short term. SL should be placed under the 1.12 level.
ECB will announce its rate decision tomorrow, although the inflation and growth risk are skewed to the downside but Q1 data is weak and could make Mario Draghi express his concern about economy losing its momentum which could put pressure on rate hike in 2019 summer expectations, and leaves the door open for additional easing measures.
albeit I would prefer buying the pair from low level rather than selling it.
Goodluck
Trade closed: target reached