Buy on a level breakthrough of 135.49 with 136.77 target. Stop loss = 134.90.
Reason for the trading strategy
In April, the import prices in Germany rose by 0.6% (m/m), with a forecast of +0.5% (m/m). In annual terms, the indicator rose from -1.4% to -0.6%. The data indicates an increase in inflationary pressures in the eurozone's largest economy and can trigger the growth of yields on German bonds.