There are fears of a second wave COVID-19 | 26 August 2020

26 August 2020, EUR/USD

There are fears of a second wave COVID-19

EURUSD trading plan:

In Europe there have been signs of the virus re-emerging, with the French city of Marseille, for example, tightening restrictions on Tuesday to fight the outbreak. "There are fears of a second wave in November," Professor Jean-Francois Delfraissy, who heads the scientific council that advises the French government on the pandemic, told France 2 television on Wednesday. German Finance Minister Olaf Scholz announced Wednesday additional measures to cushion the impact of the coronavirus to the tune of 10 billion euros, while the French government will unveil its economic recovery plan in early September.

Trading recommendation: range 1.1765 -1.1845.

David Johnson
Analyst of «FreshForex» company
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