By IFCMarkets
Worse than forecast Italy’s industrial production bearish for EURUSD
Italy’s industrial production fell in March more than expected : industrial production fell 28.4% in March after 1% decline in prior month, when a 20% drop was expected. This is bearish for EURUSD.
Indicator | VALUE | Signal |
---|---|---|
RSI | Neutral | |
MACD | Sell | |
Donchian Channel | Neutral | |
MA(200) | Sell | |
Fractals | Sell | |
Parabolic SAR | Sell |
Summary of technical analysis
Order | Buy |
Buy stop | Above 1.0808 |
Stop loss | Below 1.0849 |
Market Analysis provided by IFCMarkets