Trading plan for the EUR/USD pair on October 21. Continued rise of COVID-19 cases in Europe and growth of the European currency.

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Europe continues to observe record high incidence rates of coronavirus. The most notable of which are the statistics in Britain and France, which are above 20 thousand a day.

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The US market is currently preparing for the win of Democrat candidate, Joe Biden, which would result in a change in economic course.

Sell when stocks move up again.

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EUR/USD - the euro is moving upwards in the market.

Keep opening long positions from 1.1710 and 1.1750

You may also buy after a strong pullback, from the level of 1.1790.

News from the Fed, which will come out late at night, may influence market demand.

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