The euro is moving at constant growth after the EU summit decided the allocation of 750 billion euros to support the economy and an additional 1 trillion euros for the EU budget. Thus, the support for the Eurozone economy is almost 2 times higher than last year - not counting the measures from the ECB.
Note that in Russia, the Ministry of Finance, on the contrary, plans to cut budget expenditures for 2021 and subsequent years - that is, the policy of the Russian authorities in the crisis differs from the EU policy not only in size but also in direction . In developed countries, governments increase spending in times of crisis - overlapping with budget expenditures the falling costs of individuals and businesses.
EURUSD:
You may keep purchases from 1.1345 and wait until the level of 1.1500 is broken and consolidation above. Further decisions will be made upon this scenario.
