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FX.co ★ Trading plan for EUR/USD on August 26

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Forex Analysis:::2020-08-26T10:14:41

Trading plan for EUR/USD on August 26

Trading plan for EUR/USD on August 26

Mortality rates have again increased in the most affected countries - the United States, Brazil and India - all having recorded more than 1,000 deaths per day. Despite that, there is an improvement in terms of incidences, as the number of new cases in the three countries have more or less decreased below peak figures.

Trading plan for EUR/USD on August 26

EURUSD: Upcoming US employment report could affect market sentiment.

Set long positions from the level of 1.1850;

Or short positions from the level of 1.1750.

Analyst InstaForex
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