FX.co ★ Trading plan for EUR/USD on August 18, 2020

A decrease in daily incidence is again observed in the United States and Brazil, which recorded new cases at 40 thousand and 25 thousand, respectively.

India, on the other hand, is becoming the new leader in this sector, listing about 60 thousand cases a day in its latest data.

Fortunately, mortality has dropped to below 1 thousand, with the US and Brazil recording about 800 a day, while India records almost 1 thousand.

EUR/USD:

The euro, albeit slow, is rising in the market.

Hence, keep buying from the level of 1.1810, and take profit at the level of 1.1765.

In the event of a downward reversal, set transactions at 1.1710.