What's next?!? How the hell I should now that .. ! But we can take a look at the charts, find some good SR levels and try to make the best guess.

Draghi with his speech really woke up the Eur bulls yesterday .. The first chart will be a daily one:

The key resistance level is between 1.2310 and 1.2330 which is also a 38.2 fib retrace of the last move down. If the price breaks this level I see next resistance levels here:

• 1.2415
• 1.2441
• 1.2510 to 1.2523 zone

Considering that 1.2320 zone is a pretty  strong one we could see a possible inverted HS on 4h charts. This is only a speculation. Here the 4h chart:

That's it. Have fun and enjoy the weekend.

Regards.

Uh, I almost forgot .. here is a nice weekly UsdChf chart: