Latest data for India indicates a drop in infection rate, as recent statistics recorded only 80 thousand new cases as of Wednesday morning, 20% lower than the earlier high statistics.
At the same time, the United States and Brazil have maintained their low incidence rate for so many days already, having new cases below 40 thousand a day, which is about 2 times lower than the peak values.
Meanwhile, countries that are nearing a dangerous situation right now are Israel, Spain and France, as all three countries have listed around 10 thousand new infections per day. The UK and Ukraine are also following these steps.
With regards to medication, vaccines are continuously being developed around the world, however, it will not be available until November or later months.
EUR / USD - the euro declined below 1.1730 and reached a price level of 1.1700. However, a further drop remains uncertain.
Keep short positions from 1.1735, but take profit at the level of 1.1760, in order to minimize losses in case of an upward reversal.
Buy positions from the level of 1.1875.
