German Manufacturing PMI (Mar) jumps to 52.8 , Euro Zone Manufacturing PMI rises to 52.2,Limited gains for EURUSD !

EURO forex hujgob 1
EURO forex hujgob 1

The German Manufacturing PMI (Mar) has jumped  to 52.8 and  Euro Zone Manufacturing PMI also has jumped  to 52.2, EURUSD , This development could bring limited gains for EURUSD as long as 1.0712 support holds , but any upside gains should be limited by the 1.0855 levels where fall resumption is likely .

On the downside , support comes at the 1.0712 levels , sustained breakout below this level would mean that the market is unable to move higher and break lower, If seen , eyes will be on the 1.0650/1.0580 levels…

 

MARKET DATA

UPCOMING ECONOMIC EVENTS

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