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Monday, September 28, 2020

Trading plan for the EUR/USD pair on September 28. The euro is on a slow decline

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The pandemic remains at its peak in India, having a high incidence rate at more than 82 thousand a day.

Another wave has also emerged in Europe, with France recording an increase in cases by 11 thousand a day, while the United Kingdom has listed at least 6 thousand a day.

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EUR/USD:

The euro is on a decline, but at a very slow pace. Regardless, the outlook for the EUR/USD pair remains unclear.

Sell positions from the level of 1.1735, and stop at 1.1760.

Be ready in case of a collapse, or of an upward reversal.

The material has been provided by InstaForex Company - www.instaforex.com

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