No major events expected.

If the pair rises to the nearest resistance level, it should be considered as an opportunity to enter short positions. First of all, it is the reasonably continuing growth of dollar rates on LIBOR, which signals a high demand for the US dollar.

The purchase of USD by banks is taking place in anticipation of an increase in interest rates of the US Federal Reserve and a reduction in QE in 2022. There is an annual minimum in the spread of the yield on ten-year and two-year US Treasury bonds on the debt exchange, which also has a positive effect on the American currency.

Recommendation: Sells 1.1320 / 1.1365 with TP 1.1262.