logo

FX.co ★ Trading plan for EUR/USD on March 26, 2020

Trading plan for EUR/USD on March 26, 2020

 Trading plan for EUR/USD on March 26, 2020

There is positive news in Italy: the increase of coronavirus cases in the country has decreased from 10% per day to 7% per day.

However, there is a big negative: the number of infected people in the US has increased from 54,000 to 69,000, or almost 30% per day.

By March 27, the United States will likely become the country with the largest number of coronavirus infections in the world (not counting China, where almost everyone has already recovered, except for the dead).

Other countries:

Spain - 49,500

Germany - 41,200

France - below 26,000

Britain - 25,200

US has passed the $ 2 trillion aid package for the economy.

The US unemployment report will be released at 13:30 London time.

EUR/USD: the pair's situation is unclear.

Sell at a break down of 1.0635.

Possible sale from 1.0940.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the articles list Go to this author's articles Open trading account