Yesterday the US Treasury successfully held a large auction for the placement of Treasury bonds. This event caused a slight correction in the financial markets, however, we did not observe panic sales, which allows us to count on the continuation of the upward trend.

Today the Ministry of Finance, as part of the redemption of treasury bonds, will increase the liquidity of the financial system by $10 billion, which will have a negative influence on the value of the dollar. Investors have been actively buying gold for the past four days, which will also have a favorable influence on the value of the euro, inasmuch as assets are correlated with each other.

Trading recommendation: Buy 1.1750/1.1725 and take profit 1.1825.