Trading plan for EUR/USD on March 23. Third COVID-19 wave in Europe.


As of this morning, the top 10 countries in the list for highest COVID-19 incidence are from Europe. This brings about the idea that the bloc is undergoing another pandemic wave.

And sadly, the pace of vaccination is also slow. There is even a high chance that the situation will escalate, when warm weather sets in. This would be very detrimental to the European economy.



The market is full of uncertainty at the moment. Perhaps, everything will be clear by Wednesday or Thursday, when the US releases a number of macroeconomic reports.

Buy from 1.1990 up to 1.1945.

Sell from 1.1870 up to 1.1915.

The material has been provided by InstaForex Company -