Technical analysis:
EUR/USD has been trading sideways at the price of 1,1800 and waiting for the ECB press conference.Anyway, there is potential for the upside movement based on the current condition.
Trading recommendation:
Watch for potential buying opportunities due to the bullish flag pattern on intraday charts and the falling wedge on the longer time frame charts.
Upside targets are set at the price of 1,1820 and 1,1850
Stochastic is showing fresh bull cross, which is another sign and confirmation for the upside movement.
Support is set at 1,1780
