EUR/USD ought to be in the center of our attention right now as since morning we were waiting for traders’ reaction to the ECB Monetary Policy Meeting Accounts. It is a detailed recording of the ECB meeting which contains information on the basis of which ECB is going to make a decision on future of interest rates in the EU. And it seems that the information that can be found in the report worked very favorably towards euro, as the most popular couple in the market can be seen surging at the moment.

In the morning EUR/USD traders couldn’t find ground. The couple was jumping up and down, rapidly changing direction. And it is quite understandable. When it comes to present and future of European economy we tend to be cautious and on the verge of the selloff 90 percent of the time. It is a well-known fact that the economy of the EU is not living through the simplest of times at the moment and our caution is simply one of the means to protect ourselves and our funds.

But right now EUR/USD is in a very strong bullish uptrend, seeing its reaction towards the report. Tomorrow is another very important day for the couple, so the current growth shouldn’t make us let our guard down.

While we can enjoy the growth, lets. And trading signals are going to help us with it.