Incidences in the United States and Brazil are down to half from recent highs, which suggests that the pandemic is now receding in both countries.
Unfortunately, the same cannot be said in India and Latin America, as their recent records show that the pandemic is at its peak in their regions.
Nonetheless, the world economy, as a whole, has emerged from the crisis already, with the US economy fully operational, as was in Europe and China.
EUR/USD: Euro has broken through the monthly highs! It rose to almost 1.2000, which is a serious bid for a new wave of bullish move in the EUR/USD pair.
The next target will be the price level of 1.2360.
Set long positions from 1.1905 to 1.1860, or up to a price level of 1.1880.
You can also buy from 1.1920 and below.
