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02.09.2020 09:56 AM
Trading plan for EUR/USD on September 2

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A steady decline in coronavirus incidence has been observed in the United States and Brazil. Unfortunately, the same can not be said in India, whose cases have grown sharply to plus 80 thousand every day.

Fatalities from the virus seems to have increased as well, as the three countries recorded deaths above 1,000 a day again.

Nonetheless, the world economy has already escaped from the clutches of the virus, and so far, only Hungary has closed borders within the European Union.

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EUR / USD - euro failed to hold its position in the market yesterday, as a result of which price dropped sharply and returned to its previous range.

Set long positions from 1.2010, or short positions from 1.1760.

Jozef Kovach,
Analytical expert of InstaForex
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