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Trading plan for EUR/USD on August 28

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Infection rate stabilizes at 40-45 thousand a day in United States and Brazil, while in India, incidence has accelerated to more than 76 thousand a day.

The same increase can also be observed in Spain - almost 4 thousand new cases; France - 6 thousand new cases; and Germany - 1.5 thousand.

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EUR / USD: Euro experienced sharp jumps both up and down - first up to 1.1900, then down below 1.1800 - but eventually, the euro climbed up in the morning.

Open long positions from 1.1905 to 1.1860, targeting profit at 1.2005 and above.

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