11 Noviembre 2021, EUR/USD
EURUSD trading plan:
Gold hit a five-month high on Wednesday, leading a rally in precious metals, as data showed U.S. consumer prices surged last month, burnishing bullion’s appeal as an inflation hedge. U.S. consumer prices accelerated in October as Americans paid more for gasoline and food, leading to the biggest annual gain in 31 years. Safe-haven gold, on course for a fifth straight day of gains, also drew support from a slide in real yields on U.S. Treasuries and the overall risk-off sentiment. This is a positive signal for the European currency, as assets correlate with each other.
Investment idea: buy 1.1460 and take profit 1.1511.
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