FX.co ★ Trading plan for the EUR/USD pair on October 13. Persistent rise of coronavirus in Europe and growth in the US market.

A noticeable decline can be seen in India's incidence rate, having recorded only 54 thousand new cases of coronavirus for yesterday.

At the same time, the United States can observe an improvement in the situation as well, as it only reported 45 thousand new infections for yesterday.

Europe, meanwhile, continues to record an increasing number of new cases daily, the most notable of which is in the UK, which recorded about 14 thousand. It was followed by Spain and France, which listed around 9 thousand, and the Netherlands, Belgium and Germany, which logged 5-6 thousand.

The announcement of a new US economic stimulus has fanned the rapid growth in the US market.

Start selling when stocks break through the yearly highs.

EUR/USD - The euro keeps on rising as well so now, a new pivot has been found at the level of 1.1830.

Set stop loss at 1.1740.

Open short positions from 1.1720.