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FX.co ★ Trading plan 02/18/2020 EURUSD. Coronavirus and others

Trading plan 02/18/2020 EURUSD. Coronavirus and others

Trading plan 02/18/2020 EURUSD. Coronavirus and others

Coronavirus: 72,500 patients were ill and 1868 died in the morning of 02/18/2020.

The growth of cases per day is +1800, but this is much lower than the +10% pace a week ago.

See also: InstaForex is one of the leaders in the Forex market, 12 years on the market, more than 7,000,000 active clients

China has managed to block the epidemic in one province of Hubei - the number of cases decreases outside - and the pace of the epidemic has significantly dropped.

But the economy will suffer: Air travel fell by 70%, many production facilities are not working - Apple announced a decline in sales.

EURUSD: Ready for another fall. Keep sales from 1.0990, sales from rebounds are possible - from 1.0880 and above.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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