The EURUSD is testing triangle support ahead of the ECB meeting.

Two days ahead of the ECB meeting and the EURUSD is probing a triangle consolidation support. Since the pair posted a false breakout higher above 1.1400 early this week the risk is a move to test the key support at the 61.8% Fibonacci retracement at 1.1186 ahead of the ECB meeting Thursday.

EURUSD Symmetrical Triangle

Blake Morrow