German Unemployment Change Rises -6K in May , Buy EURUSD on Dips !

Forex G trade
Forex G trade

German Unemployment Change measures the change in the number of unemployed people during the previous month.

The German Unemployment Change rose to -6K from -8K in the previous month , analysts had expected German Unemployment Change to fell to -10K in the last month.

This development should put the pair under pressure , but …since the pair in recovery mode as daily chart suggests , any fall above 1.0870 should be taken as an opportunity to buy the pair on dips !!

NEXT…….Eyes on Euro-Zone CPI at 09:00 GMT…stay tuned !!

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