Sell on a level breakthrough of 1.1345 with 1.1217 target. Stop loss = 1.1400.
Reason for the trading strategy
Germany' GDP increased by 0.7% (q/q) in Q1 2016, with a forecast of 0.6% (q/q). The euro did not react to these statistics, but fell when the news of a 0.4% (m/m) decline in Germany's consumer price index in April became known. Today, it is worth paying attention to the publication of the Eurozone's GDP.
Reason for the trading strategy
Germany' GDP increased by 0.7% (q/q) in Q1 2016, with a forecast of 0.6% (q/q). The euro did not react to these statistics, but fell when the news of a 0.4% (m/m) decline in Germany's consumer price index in April became known. Today, it is worth paying attention to the publication of the Eurozone's GDP.
Exness - EURUSD:under pressure against the background of inflation decline in Germany
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