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14.08.2020 11:40 AM
Trading plan for EUR/USD on August 14, 2020. COVID-19: another rise in daily incidence

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The second wave of the pandemic is still on the rise, with which daily incidence in the three leading countries amounts to more than 55 thousand cases a day. Mortality is also rather high at 1,000 a day, which is not good as well.

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Meanwhile, the euro is under strong pressure from the bears, but the quote nonetheless is holding on the current prices.

Thus, keep buying from the level of 1.1810.

In case of a reversal, sell from the level of 1.1710.

Jozef Kovach,
Analytical expert of InstaForex
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