FX.co ★ Trading plan for the EUR/USD pair on December 28. Significant decline in COVID-19 incidence.

A significant decrease has been observed in terms of global COVID-19 incidence, recording only 410,000 over the weekend.

In the United States, new cases totaled to only 127,000, while the UK listed only 30,000.

However, these figures may only be because of the holidays

Anyhow, vaccinations are underway, progressing at a strong pace both in the US and Britain. Vaccinations in the EU, meanwhile, starts today.

Another good news is that a Brexit trade deal has been concluded, and Trump signed the US budget for 2021.

EUR/USD - bulls are attempting to raise the euro in the market.

Open long positions from 1.2190.

Set up subsequent positions after a breakout and pullback from 1.2280.

Stop and reversal is at 1.2130, but can be moved to 1.2150 and even 1.2175.