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Two Setups to Watch for ECB in EUR/AUD and EUR/USD

Two Setups to Watch for ECB in EUR/AUD and EUR/USD

Christopher Vecchio, CFA, Senior Strategist

Talking Points:

- Euro coiled like a tight spring ready to release its energy.

- EURAUD and EURUSD offer actionable trades in either direction.

- Join me at 11:30 GMT for live coverage of the ECB rate decision.

To keep up with developments central banks and their policy changes, be sure to sign up for my distribution list.

The Euro is coiled like a spring waiting to release its stored potential energy. Here are the trade setups to watch in EURAUD and EURUSD. Watch the video and join me for live coverage starting at 11:30 GMT for a more detailed discussion.

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail

Follow him on Twitter at @CVecchioFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.