FX.co ★ Trading plan for EUR/USD on August 25. The coronavirus is receding.

Recent data indicates that incidences and deaths due to coronavirus have been significantly decreasing for several days now, particularly in the United States and Brazil. This suggests that the pandemic is receding, and that the minimum necessary immunity has already been achieved. In addition, vaccines developed by different countries are getting closer to being released.

EUR/USD: Euro has two entry points.

1. A buy order from the level of 1.1850; and
2. A sell order from the level of 1.1750.

Good luck!