Trading plan for EUR/USD on January 12. Another decline in COVID-19 incidence. The euro may resume growing soon.

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Latest data suggests that COVID-19 is starting to retreat. Yesterday, global incidence has decreased again, especially in the US, UK and Europe.

At the same time, vaccination is active around the world. Its effects will be seen around February.

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EUR/USD - growth is still possible in the euro.

Open long positions from the lows or from 1.2200.

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