The pair will continue to move higher in the following days towards a major resistance line. Countries are isolating Denmark following reports that around 15,000 minks in the US have died due to COVID-19. Meanwhile, the Danish government proposed to cull 15 million minks in the country as fears of mutation worries the authorities. On Friday, November 06, the country was put in a lockdown. On the same day, the UK announced that it is shutting travels between the two (2) countries. As for Germany, the EU’s largest economy, economic recovery might take some time as the country entered a “light lockdown”. Unlike Denmark, however, restrictions in Germany were more modest to prevent the economy from further collapsing. Schools and restaurants in Germany are still open while Denmark totally shuts the economy down. Investors should also keep an eye on the Brexit negotiations and how it will impact
its closest ally in the bloc, Denmark.