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FX.co ★ Trading plan for EUR/USD on January 7. Trump supporters have taken the Capitol. Meanwhile, COVID-19 has again reached its peak.

Trading plan for EUR/USD on January 7. Trump supporters have taken the Capitol. Meanwhile, COVID-19 has again reached its peak.

Trading plan for EUR/USD on January 7. Trump supporters have taken the Capitol. Meanwhile, COVID-19 has again reached its peak.

Reports show that morbidity and mortality of COVID-19 has grown again. In particular, the total number of new cases jumped to 780,000, which indicates that the coronavirus is not backing down. Deaths have also increased to 14.5 thousand, that is, approximately 2% of the cases. Leading countries are the US, UK and Brazil.

On the bright side, vaccinations are underway, but its effect will appear only by February.

See also: Start Forex trading with a European level broker!

Washington: Supposedly, the US Congress is set to approve the results of the presidential election. However, Trump urged his supporters to "go to the Capitol '', as a result of which people swept a few guards and burst into the building. Then, Trump got scared of responsibility, therefore, an hour later, he urged everyone to disperse. But special forces have already been used and 4 people have died already.Trading plan for EUR/USD on January 7. Trump supporters have taken the Capitol. Meanwhile, COVID-19 has again reached its peak.

EUR/USD:

Open short positions from 1.2265.

Open long positions from 1.2350.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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