Tomorrow brings Lagarde and the ECB and about the only known thing here is that we’re going to hear about climate change.
EUR/USD has had a harsh three-day correction after having run into resistance at 1.1900 last week. That’s now a double top and if buyers can push up there again, it seems like there could be a pretty straight shot into 1.2000. At this point, I like it long off of support at prior resistance (in green).
EUR/JPY was on a strong run until today, at which point it printed a bearish engulf on the daily. this sets the pair up for weakness going into ECB tomorrow.