COVID-19 is not retreating. Until now, both the US and global incidences are at record highs. Aside from that, the pace of vaccination has slowed. Therefore, Germany has decided to tighten its quarantine measures.
EUR/USD:
Open long positions from 1.2180.
As for shorts, there is no good level for it yet.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade