EUR finished yesterday below the open price and today's morning Asia dropped 30 pips more, as a whole EUR is trading calm close to the 1.3030 support. Next important zone is 1.2975-80 breaking of which will take us 50 pips more down or even to 1.2900-1.2880. To the upside first resistance is 1.3090 followed by the 1.3140-50 and then 1.3220. Abobe only 1.3300 but for today it's too far and i will not comment it further. On Daily second shoulder of the H&S model is still developing, but please notice that another push to 1.3140 is possible. For now the EUR and GOLD are trading in a very thin range, but later today will see some artificial volatility. With going up and down,then finally stop around 1.3020-30 and wait for the ECB decision. I avoid trading immediately the news, it's good to allow at least 2 hours to give the EUR time to determine any direction.
GOLD i think will rally today some hours before the ECB decision.
LONG EUR above 1.3150 SL 1.3140 TP 1.3220 and above
SHORT EUR below 1.2970 SL 1.2990 TP 1.2900
LONG GOLD above 1662 SL 1657 TP 1674 and above
SHORT GOLD below 1651 SL 1657 TP 1640-1630