This currency pair has good opportunities to test the three-year maximum in the coming days. Firstly, high inflation in the United States has forced investors again to speculate about the upcoming increase in interest rates by the Fed, which contributes to speculative capital inflows into the US currency.

Secondly, real yields in the United States are still negative and the indicator has increased after yesterday’s inflation release, forcing investors to buy stocks in their investment portfolios, inasmuch as inflation pushes corporate earnings.

Trading recommendation: buy 113.66/113.35 and take profit 114.15.