Main Quotes Calendar Forum
flag

FX.co ★ Trading plan for EUR/USD on August 14, 2020. COVID-19: another rise in daily incidence

parent
Forex Analysis:::2020-08-14T09:40:23

Trading plan for EUR/USD on August 14, 2020. COVID-19: another rise in daily incidence

Trading plan for EUR/USD on August 14, 2020. COVID-19: another rise in daily incidence

The second wave of the pandemic is still on the rise, with which daily incidence in the three leading countries amounts to more than 55 thousand cases a day. Mortality is also rather high at 1,000 a day, which is not good as well.

Trading plan for EUR/USD on August 14, 2020. COVID-19: another rise in daily incidence

Meanwhile, the euro is under strong pressure from the bears, but the quote nonetheless is holding on the current prices.

Thus, keep buying from the level of 1.1810.

In case of a reversal, sell from the level of 1.1710.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...