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24.08.2020 11:31 AM
Trading plan for EUR/USD on August 24

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A significant decline in both incidences and deaths have been observed in the United States and Brazil. It seems that the coronavirus is starting to recede in the two countries.

Meanwhile in India and Latin America, cases have accelerated, which is a very serious issue.

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EUR/USD - Bulls are attempting to raise the euro rates up.

Be ready to buy positions from the level of 1.1885, or sell from 1.1750

There is no particularly important news this week, but there will be a meeting of bank chairmans in Jackson Hole Wyoming at the weekend.

Jozef Kovach,
Analytical expert of InstaForex
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