The single currency is on the daily chart in a downtrend among the major SMAs. As expected, the US GDP was at 2%. The greenback was weakened with this news and so the EUR/USD was able to recover. The ECB President Mario Draghi at 15:30 makes a speech. The market is trading above the 1.0940 support. A break below 1.0940 would drive the losses towards 1.0890.