22 April 2020, EUR/USD
EURUSD trading plan:
We are expecting an uptrend to develop. The mood among German investors improved in April as concerns about the impact of the COVID-19 pandemic on Europe's largest economy seemed to have eased. The ZEW research institute said its monthly survey showed economic sentiment among investors rose to 28.2 from -49.5 in March. German carmakers have restarted production at some factories this week after the country eased restrictions designed to contain the coronavirus outbreak. Certain shops are now allowed to open.
Trading recommendation: Buy 1.0850 and take profit 1.0900.