The ECB is expected to deliver the date of end and will also provide its latest forecasts for economic growth and . The risk for the single currency is that the market expectations may already be rather high after the recent signals from the officials. So if Draghi shows a rather cautious rhetoric, the euro may fall the victim of profit taking and give up some of its previous gains.
In this case, EURUSD will get back below the 20-DMA at 1.1730 and will derail the 1.17 mark again. But we also should remember that the pair will have to digest the Fed meeting results first, as the dollar is also vulnerable, despite the widely expected rate hike in the US.