06 Abril 2021, EUR/USD
EURUSD trading plan:
The bullish rally in emerging markets has a positive impact on the value of the European currency. Chile's peso hit a more-than one-month high, Brazil's real rose 0.9%, South African rand rose 0.8%, Turkish lira rose 0.5%. President Joe Biden on Monday defended his proposal to increase corporate taxes to help pay for a big boost in U.S. infrastructure spending, saying he is not at all worried the tax hike would harm the economy. The Democratic president once again took aim at the 50 or 51 corporations on the Fortune 500 list that paid no taxes at all for three years, saying it was time for them to pay their share.
Investment idea: buy 1.1795 and take profit 1.1840.
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