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24.08.202011:31 Forex Analysis & Reviews: Trading plan for EUR/USD on August 24

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Exchange Rates 24.08.2020 analysis

A significant decline in both incidences and deaths have been observed in the United States and Brazil. It seems that the coronavirus is starting to recede in the two countries.

Meanwhile in India and Latin America, cases have accelerated, which is a very serious issue.

Exchange Rates 24.08.2020 analysis

EUR/USD - Bulls are attempting to raise the euro rates up.

Be ready to buy positions from the level of 1.1885, or sell from 1.1750

There is no particularly important news this week, but there will be a meeting of bank chairmans in Jackson Hole Wyoming at the weekend.

Jozef Kovach
Analytical expert of InstaForex
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