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FX.co ★ Trading plan 02/18/2020 EURUSD. Coronavirus and others

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Forex Analysis:::2020-02-18T06:55:50

Trading plan 02/18/2020 EURUSD. Coronavirus and others

Trading plan 02/18/2020 EURUSD. Coronavirus and others

Coronavirus: 72,500 patients were ill and 1868 died in the morning of 02/18/2020.

The growth of cases per day is +1800, but this is much lower than the +10% pace a week ago.

China has managed to block the epidemic in one province of Hubei - the number of cases decreases outside - and the pace of the epidemic has significantly dropped.

But the economy will suffer: Air travel fell by 70%, many production facilities are not working - Apple announced a decline in sales.

EURUSD: Ready for another fall. Keep sales from 1.0990, sales from rebounds are possible - from 1.0880 and above.

Analyst InstaForex
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