الثلاثاء، 24 نوفمبر 2015

EURUSD: growth after the publication of Germany's GDP

Buy on a level breakthrough of 1.0656 with 1.0707 target. Stop loss = 1.0606.

Reason for the trading strategy

In Q3 2015, Germany's GDP increased by 0.3% (q/q) and by 1.8% (y/y), as expected. An improvement of the macroeconomic statistics in the Eurozone's largest economy reduces the likelihood of future expansion of the asset purchases program in the Eurozone.


EURUSD: growth after the publication of Germany's GDP

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