EURUSD: growth against the background of a curtailing of the carry trade operations
Buy on a level breakthrough of 1.0920 with 1.0991 target. Stop loss = 1.0870.
Reason for the trading strategy
The euro and the yen used as funding currencies, are today strengthening against the background of curtailing of the carry trade operations. Investors are concerned about the deterioration of relations between Saudi Arabia and Iran.