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New lockdown in Europe?

New lockdown in Europe? | 14 July 2021

14 July 2021, EUR/USD

EURUSD trading plan:

Rising coronavirus infection rates, driven by the fast-spreading Delta variant, are forcing more countries around Europe to re-impose restrictions that could cast a pall over the region's economic recovery prospects. Data collated by Oxford Economics shows that Delta now accounted for the majority of cases in Britain, Portugal and Austria, and over 40% of cases in Germany, Spain and Denmark. German officials say existing coronavirus measures should be maintained until more of the population has been vaccinated. They have raised concerns about waning discipline around social distancing and mask-wearing.

Investment idea: range 1.1745 -1.1840.

David Johnson
Analyst of «FreshForex» company
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