Bullish View

  • Buy the EUR/USD pair and set a take-profit at 1.0345.
  • Add a stop-loss at 1.0100.
  • Timeline: 1-2 days.

Bearish View

  • Set a sell-stop at 1.0120 and a take-profit at 1.000.
  • Add a stop-loss at 1.02200.

The EUR/USD price continued its rebound as investors refocused on the upcoming EU inflation data and the ECB interest rate decision. The pair also soared as investors reduced their expectations for the Federal Reserve. It rose to a high of 1.0202, which was the highest point since July 6th of this year.