Incidence continues to pick up in Europe even though sanitary restrictions have been introduced and vaccination is accelerating, albeit slowly.
EUR/USD
According to Christine Lagarde, the European Central Bank will not change its current monetary policy even though there's an ongoing decline in EUR/USD. This is because the euro is still in an upward trend, and the current decline is only a correction. Soon, the price will rebound and climb upwards again.
In the meantime, keep selling from 1.1870, but be ready for a reversal at 1.1765. That being said, place stop loss at 1.1710.
