FX.co ★ Trading plan for the EUR/USD pair on October 5

Another pandemic wave has emerged in Europe, particularly in France and Britain, having recorded cases about 12.5 thousand and 8 thousand respectively.

Despite that, the bulls are still actively trying to raise the rate of the euro, so keep buying from the level of 1.1685, towards a quote of 1.1640.

Buy as well on a breakout from the level of 1.1770.

In case of a downward reversal, sell from the level of 1.1610, or from the level of 1.1680.