EUR/USD fell to a fresh 1-mo low of 1.0809 on EBS but then bounced

Protective bids for a likely 1.0800 barrier help to stall the pair's fall

ECB meeting risk likely prompts short covering on possible hawkish rhetoric

EUR/USD turns positive on the session, nears 1.0875/80 hourly resistance

Today's price actions generates bullish tech signals on daily charts

Daily RSI diverged on the low, daily bull hammer candle formed

Longs likely need above April 5 & 11 highs, 21-DMA to gain greater control

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