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08.09.2020 10:22 AM
Trading plan for EUR/USD on September 8. Improving situation in United States and Brazil.

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COVID-19: Clear signs of a decline is seen in the United States and Brazil, having a decrease in daily incidence to 25 thousand and 10 thousand, respectively.

In India, the situation is still bad, but an infection rate of 75 thousand a day is noticeably lower than the previous and scary 90 thousand.

As for Latin America, the pandemic is raging in Argentina, Colombia and Peru.

US market: an upward correction is expected, during which you can sell stocks for profit.

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EUR/USD: Set long positions from 1.1870, or short positions from 1.1775.

Jozef Kovach,
Analytical expert of InstaForex
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