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 |
| Order | Buy |
| Buy stop | Above 1.0808 |
| Stop loss | Below 1.0849 |
Market Analysis provided by IFCMarkets