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15.09.2020 10:30 AM
Trading plan for EUR/USD on September 15

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COVID-19 update: A steady improvement is observed in the United States and Brazil, having a decrease in daily incidence for several days already.

India also saw a decline of about 20%, well below very high values recorded earlier.

In Europe, a surge in cases was seen in Spain, France and Britain, and in Israel, a strict quarantine for 2 weeks, from September 18, was introduced.

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EUR / USD - Another rise could occur, especially since ahead is an important Fed meeting, during which updated forecasts for the US economy will be released.

Open long positions from 1.1850 or from 1.1920;

Sell shorts from 1.1750.

Jozef Kovach,
Analytical expert of InstaForex
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