Corona virus summary:
World must beat pandemic before investigating source - China UN envoy
Chinawill not invite international experts to investigate the source of Covid-19 until after securing the "final victory" against the virus,Beijing's UN ambassador in Geneva said.
China's priority is first beating the pandemic - and countering the "absurd and ridiculous" politicisation of the coronavirus,Chen Xu told reporters in an online briefing.
The World Health Organization says it is waiting on an invitation from China to take part in its investigations into the animal origins of the virus, first reported in the city of Wuhan in December.
Asked when the WHO could expect an invitation, Chen replied:
The top priority, for the time being, is to focus on the fight against the pandemic until we win the final victory.
We need the right focus and allocation of our resources.
Technical analysis:
EUR/USD has been downwards at the price of 1,0800. Anyway, I found that there is potential for the upside rotation due to the exhaustion of the sellers and the bullish divergence on the oscillators.
Trading recommendation:
Watch for potential buying opportunities and the breakout of the downside channel. I see potential for the rally up to 1,0840 and even 1,0895. Watch for buying on the dips using the intraday frames like 15/30 minutes...
