Trading plan for the EUR/USD pair on November 9. COVID-19 at its record highs. Joe Biden wins the US elections.


The coronavirus is again at its record highs, especially in the United States and Europe. For several days already, new cases in the US have been more than 100 thousand a day, and in the whole world, the number of new incidents reached 608 thousand a day.


The US market grew rather strongly last week, especially since Joe Biden won in the US elections. Nonetheless, hardly anything is expected to change radically, mainly because Biden does not really have an advantage in the Senate. But good news is that the US foreign policy will become more solid, particularly on that with Europe and Canada.


EUR/USD - The euro is close to making a new high. Traders are clearly trying to bring the quote to 1.1920 - 1.1930.

Open long positions from 1.1750.

As for the longs around 1.1860, transfer the stop at a breakeven.

In addition, buy only from a strong pullback, that is, from the level of 1.1840 and not earlier.

The material has been provided by InstaForex Company -
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