EURUSD Trading plan for November 12, 2020. COVID-19 is at its highs. US news

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COVID-19 is at its highs all over the world. For the second time, + 600K new cases per day are higher globally. In the US, the record is + 142K new cases. In Europe, there is no decline - it has only become better in France, while the group of European countries above + 19K per day, including Russia, is tightly moving.

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US market: the powerful surge following Biden's election has run out of steam - there is no reason for strong growth right now. With the new growth, you can carefully sell.

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EURUSD - important data on US employment will be at 13:30 UTC, and this may swing the market.

We are currently on sale from 1.1775 - but we are ready to turn over to buy from 1.1790.

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