Important events today:

At 18:00 Moscow time in the United States: Speaking to Congress Jerome Powell – Chairman of the Board of Governors of the Federal Reserve.

EURUSD:

Today, the US Treasury will redeem bonds in the amount of $ 40 billion and a large-scale auction for the placement of treasury bonds in the amount of $ 120.7 billion. Thus, the decrease in the liquidity of the financial system will amount to $ 80.7 billion, which will be the maximum volume this month. As the dollar-denominated Libor rates rise on the interbank market, the U.S. The Department of the Treasury could push the dollar higher throughout the day. For the EURUSD pair, this is a bad signal, since the ECB is aggressively printing bills and increasing the money supply, which negatively affects the value of the euro.

Recommendation: Sell 1.1330 / 1.1360 and TP 1.1275.