News about German industry came out - showing that the decline in production may be coming to an end - and the bottom of the industry slowdown is behind us.
However, the euro was negatively affected by the speech of the new head of the ECB Christine Lagarde.
The head of the ECB said she aimed at finding policies that would help the economic growth of the eurozone.
Investors, in turn, appreciated this as a signal to continue M. Draghi's super-soft policy.
As a result, the euro could not show growth to 1.1100 and is slowly falling.
EUR / USD:
We are ready to buy with a break above 1.1100.
We are ready to sell from 1.0985.
