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02.12.2020 11:09 AM
Trading plan for the EUR/USD pair on December 2. The euro is moving upwards.

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Global COVID-19 incidence grew again, reaching a figure of 577,000. However, it is still below the recorded peak, which is 660,000.

Similarly, in the United States, new cases increased to 182,000, but the good thing is that the number is lower than the highest record, which is 201,000.

As for mortality rate, a statistics of 12,000 a day was recorded.

Many are awaiting the approval of COVID-19 vaccines, which are set on December 11-12.

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EUR/USD - The euro is trading in an upward trend. Selling is very risky right now despite high prices.

Trade long positions from 1.2015 and below.

Do not sell earlier than 1.1922.

A good level for sales will emerge if there is a strong pullback

The latest US employment report will be published today at 14:15.

Jozef Kovach,
Analytical expert of InstaForex
© 2007-2024
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