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 !!

Recommended Reading

[srp post_limit=’1′ display_thumbnail=’yes’ thumbnail_height=’80’ thumbnail_width=’90’ thumbnail_link=’yes’ post_date=’no’ string_break=’…’ post_title_header=’H4′ widget_title_hide=’yes’ post_include=’25198′]

MARKET DATA

UPCOMING ECONOMIC EVENTS

1 COMMENT

  1. wonderful issues altogether, you simply gained a brand new reader.
    What would you suggest about your post that you made a few days in the past?
    Any certain?

Comments are closed.