FX.co ★ Trading plan for EUR/USD on January 18. Euro is on sale.

Just like the previous times, global COVID-19 incidence decreased over the weekend. However, further observation is needed before we can confirm if the virus has really retreated.

With regards to vaccinations, its pace has slowed around the world. Some countries have insufficient supplies, while some have no wide campaign among the population.

EUR/USD: No important report is scheduled for release this week, except for the upcoming inauguration of Joe Biden this January 20.

In any case, there is a sell-off in the euro, therefore, open positions from 1.2180.