In Thursday the ECB kept rates unchanged: the base rate of interest - to 0.0%, the deposit rate to minus 0.4%. European Central Bank also left unchanged the amount of the asset repurchase program - 80 billion euros..
The mood at the auction were positive throughout the day. Buyers were able to raise the price and break the level 1.1270 in European trading session. After the meeting, the Central Bank of the eurozone price began to retreat from the highs of the day. Now the price is moving in the support area of 1.1270. The European currency is moving from 50-EMA-100 EMA and the 200 EMA on the 4-hour chart. Moving averages remain bullish bias. Resistance is at 1. 1350 support - at 1.1270.
Histogram rose, indicating that sellers gain positions. RSI bounced sludge from the overbought area.
Forecast of the euro dollar today
Now the actual opening short positions. The EUR / USD could be rolled back to the area of 1.1270 and then to 1.1200.