FX.co ★ Trading plan on 06/19/2020. EUR/USD, US market, and COVID-19

COVID-19 in the world: There is a dangerous rise of cases in India and a very difficult situation in Brazil.

Collective immunity is gradually developing in the United State. In fact, this country has turned to the "Swedish path", from which quarantine measures are not respected.

The global markets are at the crossroads: Iit can be seen that growth (S & P500 chart) in the US market has run out during the start of the economy after quarantine. There is no decline yet, but it is likely. We start gradually selling, stops behind the highs of May-June.

EUR/USD: The direction is still unknown.

Sales are kept from 1.1205

Stop orders: 1.1250

Open buy positions from 1.1265