As i have discussed any interference from the fundamental data may result in major correction of the pair. And today you can see the result of that as it broke the resistance line of 1.2881 then move further upside to make intermediate correction. This scenario is influence by the slight improvement in the European economic data and one bad data from the US zone as follow;
GBP Nationwide HPI m/m
-1.4% Actual
-1.5% Previous
EUR German Unemployment Change
-26K Actual
-29K Previous
EUR Consumer Confidence
-24 Actual
-19 Previous
USD Advance GDP q/q
-0.3% Actual
2.8% Previous
Marketiva Forex: Trade as low as $1 & FREE $5 + $10000 Virtual Practice Money
Marketiva Forex: Trade as low as $1 & FREE $5 + $10000 Virtual Practice Money
No comments:
Post a Comment