Latest data indicates that the world saw a new record high on COVID-19 incidence, having listed almost 500 thousand new cases worldwide.
The most alarming situation is Europe's, as France recorded a massive figure of 41 thousand new infections a day. Britain and Spain then follows, with 21 thousand new cases a day.
A vaccine for the disease is expected to come out this November.
EUR/USD - The euro declined slightly after demand for the dollar increased amid strong reports on the US labor market.
Set up long positions from 1.1710-1.1750 to 1.1700
1.700 is a support level for the euro, however, it's still unclear whether it will be strong enough to withstand pressure from the bears.
Good luck!
The material has been provided by InstaForex Company - www.instaforex.com