Sell on a level breakthrough of 125.09 with 124.25 target. Stop loss = 125.59.
Reason for the trading strategy
It became known last Friday that Germany's producer price index fell by 0.5% (m/m) in February, with a forecast of a 0.2% decline (m/m). The deflationary processes, taking place in the Eurozone's largest economy, are putting pressure on the euro cross rates.