FX.co ★ Trading plan for the EUR/USD pair on September 24.

Incidence rate has jumped again in India, recording almost 90 thousand new coronavirus cases as of Wednesday morning.

An increase is also observed in France and Spain, which recorded new cases up to 13 thousand and 11 thousand respectively

The US market is down, largely due to investors selling stocks ahead of the November presidential elections. In addition, many are concerned because if Biden wins the race, tax breaks for big businesses will decrease, and it will negatively affect the market.

It's quite risky to buy stocks at the moment.

EUR/USD:

The euro is waiting for the US employment report due today.

There is an attempt to start a downward trend, but the movement is very sluggish so far.

Keep trading short positions from 1.1735 to 1.1760.

A sharp upward reversal is possible, so buy positions from the level of 1.1875.