Buy on rebound from 1.1334 level with 1.1420 target. Stop loss = 1.1274.
Reason for the trading strategy
The euro had a nervous reaction to the news of the decline in the volume of industrial orders in Germany by 1.2% (m/m) in February. In the short term, it may test the support level of $1.1334. During the day, it is worth paying attention to the publication of the business activity index in the services sector and the volume of retail sales in the Eurozone.