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FX.co ★ Trading plan for EUR/USD on February 19

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Forex Analysis:::2021-02-19T07:09:34

Trading plan for EUR/USD on February 19

Trading plan for EUR/USD on February 19COVID-19 incidence has now dropped to below 400,000 a day. The United States, in particular, has recorded less than 70,000 new cases, while Europe listed no higher than 25,000.

However, these declines are not related to vaccinations, at least except in US and Britain, where up to 20% of the population has been vaccinated.

Trading plan for EUR/USD on February 19

EUR/USD - euro is trading sideways.

Open long positions after a break above 1.2170.

Open short positions from 1.2020.

Dollar stopped growing due to weak employment data in the US.

Analyst InstaForex
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