Trading plan for EUR/USD on June 25, 2020. Coronavirus updates from around the world: a second outbreak in the US. The US
June 25, 2020 10:21 am
Coronavirus statistics as of June 25:
According to the data, a second outbreak has occurred in the United States. The number of new infections jumped to 39 thousand per day, which may be mainly due to the early lifting of quarantine restrictions in the country.
The same situation is also observed in India and Brazil, as new cases per day increased to 17 thousand and 41 thousand, respectively.
S&P 500 on the morning of June 25 – a first strong fall was seen.
It seems that the market has finally coincided with the weak state of the economy.
Sell positions are the moment recommended at the moment.
The reversal in the US market broke the rally of the EUR/USD pair. Further movement will depend on the important news that will be published today at 13:30 (UTC+1) – report on the US labor market and data on orders for durable goods.
EUR/USD: Open buy positions from 1.1350.
Open sell positions from 1.1165.
The material has been provided by InstaForex Company – www.instaforex.com
Coronavirus statistics as of June 25:
According to the data, a second outbreak has occurred in the United States. The number of new infections jumped to 39 thousand per day, which may be mainly due to the early lifting of quarantine restrictions in the country.
The same situation is also observed in India and Brazil, as new cases per day increased to 17 thousand and 41 thousand, respectively.
S&P 500 on the morning of June 25 – a first strong fall was seen.
It seems that the market has finally coincided with the weak state of the economy.
Sell positions are the moment recommended at the moment.
The reversal in the US market broke the rally of the EUR/USD pair. Further movement will depend on the important news that will be published today at 13:30 (UTC+1) – report on the US labor market and data on orders for durable goods.
EUR/USD: Open buy positions from 1.1350.
Open sell positions from 1.1165.
The material has been provided by InstaForex Company – www.instaforex.com
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