FX.co ★ Trading plan for the EUR/USD pair on November 13. Possible growth in the euro.

COVID-19: Once again, cases have risen all over the world, for example, the United States was back to recording huge 161 thousand new infections a day. In total, the world has 643 thousand new COVID-19 cases.

Europe is also very much affected by the pandemic, as most European countries have high incidence rates. Italy, for instance, noted 38 thousand new coronavirus cases.

Still, a significant decrease in mortality is evident compared to earlier months. Death rate has fallen to about 1%, from 4-6% last spring.

EUR/USD: Although there was a strong report on US employment yesterday, the euro did not drop in price. It seems that the currency is anticipating another growth in the market.

Open long positions at 1.1835.

Open short positions at 1.1745.