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15.09.202010:30 Forex Analysis & Reviews: Trading plan for EUR/USD on September 15

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Exchange Rates 15.09.2020 analysis

COVID-19 update: A steady improvement is observed in the United States and Brazil, having a decrease in daily incidence for several days already.

India also saw a decline of about 20%, well below very high values recorded earlier.

In Europe, a surge in cases was seen in Spain, France and Britain, and in Israel, a strict quarantine for 2 weeks, from September 18, was introduced.

Exchange Rates 15.09.2020 analysis

EUR / USD - Another rise could occur, especially since ahead is an important Fed meeting, during which updated forecasts for the US economy will be released.

Open long positions from 1.1850 or from 1.1920;

Sell shorts from 1.1750.

Jozef Kovach
Analytical expert of InstaForex
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