Buy on a level breakthrough of 1.1091 with 1.1200 target. Stop loss = 1.1041.
Reason for the trading strategy :
After the publication of statistics on the US construction sector, the yield on 10-year US bonds slightly rose, up to 2.19%, but remained close to the summer lows; and the EUR/USD pair tested the level of 1.1015. If the July US Federal Reserve meeting minutes are "soft", the demand for the world's reserve currency will fall sharply.
Reason for the trading strategy :
After the publication of statistics on the US construction sector, the yield on 10-year US bonds slightly rose, up to 2.19%, but remained close to the summer lows; and the EUR/USD pair tested the level of 1.1015. If the July US Federal Reserve meeting minutes are "soft", the demand for the world's reserve currency will fall sharply.
EURUSD: growth before publication of the US Federal Reserve July
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