Potential bullish action if the trend hit the decision zone due to these two resons :-
*First Technically :-
1- Valid Three drives pattern.
2- Valid structure zone .
3- 0.50 fib retracement for AB leg
4- Valid channel pattern.
*Second Fundamentally :-
Monetary Policy issued by ECB since 2 week regarding the economy stimulation by delivering more than expected
easing monetary police ( QE_ stimulus system ) , including a more negative deposit rate and increasing bounds purchases , having said that this gave EUR appreciation against USD , further more last week FOMC delivered a dovish statement which would decease the rate hikes forecasting for this year than what have been stated by FOMC in 16 of December 2015 .
Based on technical and fundamental analysis , bullish movement may be expected and if the trend close above 1.137 , we might expect to reach 1.144 level.
*First Technically :-
1- Valid Three drives pattern.
2- Valid structure zone .
3- 0.50 fib retracement for AB leg
4- Valid channel pattern.
*Second Fundamentally :-
Monetary Policy issued by ECB since 2 week regarding the economy stimulation by delivering more than expected
easing monetary police ( QE_ stimulus system ) , including a more negative deposit rate and increasing bounds purchases , having said that this gave EUR appreciation against USD , further more last week FOMC delivered a dovish statement which would decease the rate hikes forecasting for this year than what have been stated by FOMC in 16 of December 2015 .
Based on technical and fundamental analysis , bullish movement may be expected and if the trend close above 1.137 , we might expect to reach 1.144 level.
Trade active
Note
First target reachedNote
As per what i have been described in this published idea , now i think there will be high probability to reach 1.144 level as per below technical analysis 
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.