Trading plan for EUR/USD on January 19.

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Another decline has been observed in terms of global COVID-19 incidence. Perhaps, this is a sign that the pandemic is now retreating. Even the US has recorded a significant decrease in new infections.

With regards to vaccinations, the pace is still very slow. Large countries have vaccinated only less than 4% of the population.

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EUR / USD: Market participants are awaiting the report of ECB, as well as upcoming data for US employment.

Open short positions from 1.2110.

Open long positions from 1.2180.

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

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