Trading plan for EUR/USD on January 19.

Another decline has been observed in terms of global COVID-19 incidence. Perhaps, this is a sign that the pandemic is now retreating. Even the US has recorded a significant decrease in new infections.

With regards to vaccinations, the pace is still very slow. Large countries have vaccinated only less than 4% of the population.

EUR / USD: Market participants are awaiting the report of ECB, as well as upcoming data for US employment.

Open short positions from 1.2110.

Open long positions from 1.2180.