EUR/USD Analysis: High risk-reward setup ahead of Lagarde speech

Ian Coleman FXStreet

Ian Coleman reveals a EUR/USD Cypher pattern with 1:10 risk/reward before Thursday's ECB decision. Lagarde's inflation focus could drive the Euro higher while technical support at 1.1563 offers tight stop loss at 1.1542. Entry, target, and breakout levels inside.

Author

Ian Coleman

FXStreet

Ian started his financial career at the age of 18 working as a Junior Swiss Broker at Godsell Astley and Pearce (London). He quickly moved through the ranks and was Desk Manager at RP Martins at the age of 29.

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