FX.co ★ Trading plan for EUR/USD on September 21. Another surge in COVID-19 infections

A clear decline in incidence can be observed in the United States and Brazil, as cases in the two countries have dwindled down to 33 thousand and 16 thousand respectively. However, a surge has emerged in other countries, particularly in India, which recorded more than 85 thousand new infections a day. France also listed more than 10 thousand cases a day, while Israel has reported more than 4 thousand new cases a day.

Nonetheless, this new wave would be easier than the first, since everything about the virus is already known (ie how to prevent it and how to treat it)

EUR/USD: An attempt to breakout may be observed in the euro.

Buy positions from 1.1885, from 1.1900, or from 1.1920.

Sell positions from 1.1735.