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FX.co ★ Bad data on Germany. EURUSD

Bad data on Germany. EURUSD

Bad data on Germany. EURUSD

ZEW index released on the German economy: current conditions minus 24.7 – bad data.

The EURUSD rate experienced pressure and moved down.

Question: either we test 1.1000 down – or a turn-up and an attempt to break through 1.1045.

We are ready to buy euros from 1.1045.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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