Trading plan for EUR/USD on January 28

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COVID-19 is retreating. Incidence in both the US and UK have decreased significantly.

But with regards to vaccination, the pace is still very slow. Supply is insufficient, and Europe is in conflict with AstraZeneca over it.

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EUR / USD: Market participants are awaiting the 4th quarter US GDP report.

Keep short positions at 1.2105.

But in case of a reversal, open long positions from 1.2180 to 1.2135.

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