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EUR/USD Signal - Eurozone Retail Sales - 06 May 2019

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On Friday, the Euro gained over 60 pips despite 263K new jobs added in the US. The Euro probably attracted more buyers due to the slower wage growth across the Atlantic. Today, EURUSD opened with a big gap but the positive Eurozone figures helped the common currency to re-take 1.1200 level. The US-China trade tensions might result in a risk-off mode.

eurusd signal 06 may 2019

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.