The European Commission announced that another pandemic wave is starting in Europe. This is appalling because currently, the bloc already has a vaccine in their hands, but incidents continue to escalate every day.
EUR/USD: Euro is giving out a bearish signal. In fact, a break below 1.1870 will certainly set off a further drop towards 1.1500 or lower.
That being said, it would be best to enter short positions in the market, but stop when the price reverses around 1.1950.
The US will release important statistics today, at 12:30 GMT.
