• EUR/USD trades around 1.1230, largely unchanged after the ECB decision, markets now await Draghi's presser at 1230 GMT
  
  
• The European Central Bank (ECB) in line with widespread expectations, left interest rates unchanged 
  
  
• While no change is expected, the bank is set to cut its inflation forecasts and will probably promise to beef up its bond-buying programme if prospects weaken further
  
  
• Dovish language from the ECB should underpin overall risk sentiment and help the dollar, which has in the past few weeks moved in tandem with global stocks
  
  
• Immediate support at 1.1205 (low Sep 3) followed by 1.1180 (low Aug 31) and then 1.1156 (low Aug 27)
  
  
• On the other hand, a break above 1.1294 would expose 1.1320 (high Sep 2) and finally 1.1333 (high Sep 1)