Trading plan for EUR/USD on March 10

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The situation in the US and Britain are progressing rapidly. In fact, in the United States, COVID-19 incidents do not go above 60,000 a day, which is approximately 5 times lower than the peak records last year. Meanwhile in the UK, the drop in new cases is so strong that authorities are lifting restrictions.

Unfortunately, the same can not be said in Europe, which is in danger of another pandemic wave. Until now, there's a high infection rate in France and Italy. And so far, the pace of vaccination in the bloc is very slow.

In the US and Britain, around 20% of the population are vaccinated. But in the EU, no more than 5% has been vaccinated.

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EUR/USD - euro remains in a downward trend.

Open short positions from 1.1990 to 1.2035.

A report on US inflation will be released today at 13:30 GMT.

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

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