Important events today:

Treasury Bond Auction (US Treasury Department)

Since the pair has historically been correlated with the US stock market, it is expected to rise following the stock exchange. There is still a surplus of dollar liquidity in the US financial system, and hedge funds, together with banks, intend to buy out corrections in the market, since they have a surplus of capital.

Historically, after December 15 and before the new year is a positive period for the stock market. Now we are witnessing just such a situation, despite the fact that the Federal Reserve is cutting the volume of incentives, which, although smaller than at the beginning of the year, are still impressive. The rate is near zero, which is also positive for the growth of the stock market.

Recommendation: Buy 113.58 / 113.29 with TP 114.20.