A mixed background is being formed today. On the one hand, an uptrend in the American stock market may cause an increase in quotations, insofar as this pair is historically correlated with the S&P500 index. The US Senate adopted a budget plan that will approve the $1.9 trillion bailout package, proposed by President Joe Biden, over the coming weeks without Republican support. Such event will provide good support for the American stock market.

On the other hand, a profit in dollar liquidity in the financial system can cause a decline in quotations, inasmuch as investors may start fixing profits on “longs”, considering the strong growth in quotations last week.

Investment idea: flat 105.00-105.90.