Important events today:

No influential macro statistics are expected.

EURUSD:

Following an emergency meeting, WHO decided to classify the new strain of coronavirus in the wording “of concern”:

“The recently discovered strain of COVID ‘B.1.1.529’ is troubling. It has more mutations than science knows about other strains, which is alarming. WHO evaluates the new strain as a matter of concern, ”the WHO said in a press release.

Against the backdrop of this news, the yield on two-year US Treasury bonds, which closely correlates with the Fed’s rate, declined by 0.1 percentage points. up to 0.5%. In general, this does not change the situation much, investors continue to expect the FRS rate to rise in 2022. But investment banks now do not expect a quick decline in QE in the US, assuming that Powell and his colleagues will stick to the main plan and cut incentives by $ 15 billion every month. Apparently, this will not provide tangible support for the EUR and the latest price rise to resistance levels is better viewed as a selling opportunity. …

Recommendation: Sell 1.1320 / 1.1365 with TP 1.1262.