Trading plan for EUR/USD on February 15. COVID-19 pandemic is ending.

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The COVID-19 pandemic is clearly ending. In fact, incidence rate in the US has decreased very significantly, almost 5 times below the recorded peak (it is now at 64,000 per day). As for global incidence, it dropped to below 300,000, from 830,000 before.

With regards to vaccination, all is going well in the United States. Approximately 15% of its population has been vaccinated. Meanwhile, in the UK, only around 10% has been vaccinated, while in other large countries, it is below 5%. All in all, only 2.3% of the world's population has been vaccinated.

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EUR/USD - euro continues to trade upwards.

Open long positions from 1.2060.

Open short positions from 1.1950, or from 1.2080.

No significant news is expected this week, except for the US retail sales report on Wednesday, February 17.

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

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