09.09.202010:09 Forex Analysis & Reviews: EURUSD Trading plan 09/09/2020: Global Covid19 - Improvement in the US and Brazil while the Euro awaits ECB

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Covid-19 in the world: India came in second in the number of cases, edging out Brazil. In India, everything is tough. There are about 90k+ cases and a 1000+ deaths per day. This indicates a significant decrease in the lethality of the virus. In April, the death rate was about 4.5% of cases. The death rate 3 or 4 times less than what it was before.

In the US, the cases have been stable for several days and not higher than 40k+ cases. The maximum was 75k+ per day. There are 18k+ cases in Brazil, peaking at 60k+.

In Latin America, at the height of the epidemic, Argentina, Mexico, Colombia had 5k+ cases per day which exceeded the level of cases in Russia.

In Europe, Spain had a large second wave, going up to 9k+ cases per day which is 2 times higher than in Russia at the moment.

Selective vaccinations have started in Moscow, Russia. Volunteers can choose to sign up for vaccination. Up to 40 thousand doses will be used in Moscow. In my opinion, despite criticism of the Russian vaccine , it is not fully developed vaccine that is ready to tackle the second wave of the infection.

EUR / USD - Waiting for the ECB on Thursday.

We are on sale. If you make a stop:

Buy from 1.1870.

Sell from 1.1760.

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