By IFCMarkets
German import prices decline bearish for EURUSD
The decline of euro-zones largest economy’s index of import prices accelerated to 2.7% over year in August from -2.1% in July. Will the EURUSD continue falling?
On 1-hour timeframe EURUSD: H1 is in uptrend, rising toward 200-period moving average MA(200).
Technical Analysis Summary
Order | Buy |
Buy stop | Above 1.0939 |
Stop loss | Below 1.0919 |
Market Analysis provided by IFCMarkets