FX.co ★ Trading plan for the EUR/USD pair on December 22. Progress in the COVID-19 situation. The euro keeps on growing in the market.

There seems to be progress on the COVID-19 situation, as global incidence remained below 550 thousand yesterday.

However, the situation in the UK is deteriorating due to the new strain of the virus. Neighboring countries are closing transport links, while Germany has imposed a hard lockdown.

Nonetheless, vaccinations are actively underway in both the US and the UK. In the EU, vaccinations will begin immediately after Christmas, in particular, from December 27.

The vaccine developed by Moderna has also been approved, and many are awaiting AstraZeneca's vaccine. But most likely, it will come out in January next year.

EUR / USD: the euro remains trading upward, albeit at a slow pace.

Open long positions from 1.2190 to 1.2145.

Open short positions from 1.2130.