Today in the afternoon the Conference Board’s consumer confidence release will be published, which may please investors with positive data, which will provide good support for the bulls. Vaccinations in the United States are gaining momentum, and Joe Biden’s new $1.9 trillion anti-crisis program will have a positive influence on household spending and corporate income.

According to the Fed, the US economy may grow by 6% in the first quarter, which is quite a lot, considering the size of GDP.

Investment idea: Buy 109.69/109.50 and take profit 110.17.