Interesting Day today

Interesting day today. Lets Start with Europe.

Today we have the following for Euro Zone

9:00 GMT

CPI Estimate YoY (E-Z) Aug - Expected 2.3%
Business Climate Indicator (E-Z) Aug - Expected 1.30
Industrial Confidence (E-Z) Aug - Expected 3
Consumer Confidence (E-Z) Aug - Expected -8
Economic Confidence (E-Z) Aug - Expected 107.3
Services Confidence (E-Z) Aug - Expected 18

11:45 GMT

ECB Announces Rates (E-Z) Aug - Expected 3.00%

If they give Suprise, EUR/USD will go way up, if they keep same, Watch for the words.


We assume Now EUR/USD has passed the technical Resistance, we get long 1.2855 with stop order 1.2830 with Target 1.29+