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New COVID-19 records in the United States

New COVID-19 records in the United States | 10 Juli 2020

10 Juli 2020, EUR/USD

EURUSD trading plan:

We are expecting an uptrend to develop. More than 60,000 new COVID-19 infections were reported across the United States on Thursday, the greatest single-day tally by any country in the pandemic so far. The U.S accounts for over 3.1 million of all cases. There are over 12.2 million cases and 550,000 deaths globally as of July 10, according to John Hopkins University data. Some states, including Florida, Texas and California, reported a record number of new cases. This is a negative signal for the U.S. dollar.

Trading recommendation: Buy 1.1280 and take profit 1.1335.

David Johnson
Analyst of «FreshForex» company
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