A new case of coronavirus has been re-emerged in the European Union, according to a report released last weekend, with a sharp rise to 26,896 cases in France. There has been an increase in the number of cases that have erupted since the outbreak in Asia. Earlier this year, it is likely to double the risk of recession if the gates are closed and social gaps are maintained. In order to control the spread of the coronavirus, the European Central Bank The ECB has decided that additional cash inflows will be made to increase procurement of equipment or facilities to prevent the spread. On the other hand, the uncertainty of the November 3 US presidential election is also a reason for investors to consider Euro sales out as well.

All of the above can be a trigger for the decline in the value of the EUR / USD pair.

1. Sales Options (SELL):

Market access: $ 1,17,500

- Set profit margin at: $ 1,17,000- $ 1,16,000

- Risk management at a price of: $ 1,18,500

2. Purchase Options (BUY):

Market access: $ 1,14,600

- Set profit margin at: $ 1,16,000

- Risk management at a cost of: $ 1,14,000