Buy on a level breakthrough of 1.1129 with 1.1214 target. Stop loss = 1.1070.
Reason for the trading strategy
Since the beginning of this week, the yield spread between 10-year US and German bonds have fallen from 1,568% to 1,537% supporting the euro. It is better to form new long positions on the euro at the breakthrough of the level of 1.1129 dollars.