German & Euro Zone Manufacturing PMI Unchanged 51.9 – 52.5, EURUSD Consolidates Around Support !

forex man
forex man

The German Manufacturing Purchasing Managers’ Index (PMI) released unchanged as previous month 51.9 . German Manufacturing  PMI was expected to remain unchanged 51.9.

The Euro-Zone Manufacturing Purchasing Managers’ Index (PMI) released unchanged as previous month 52.5 . Euro Zone Manufacturing PMI was expected to remain unchanged 52.5.

Market Impact : I think the pair will consolidate around 1.1107 levels, there’s a risk to slip to minor support 1.1080…Anyway: sideways move within 1.01082/1.1140 range is likely !

 

German pmi

MARKET DATA

UPCOMING ECONOMIC EVENTS