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EUR/USD Signal - German Manufacturing PMI - 23 May 2019

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5/5 of 13 ratings

EURUSD is consolidating near 1.1150 level and we might see some short term recovery after the fall from 1.1260 highs. The Eurozone PMIs are expected to improve and this might give investors some hope. Forex traders will also follow closely the German Manufacturing PMI and Markit PMI Composite figures.

eurusd signal 23 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.