German Unemployment Change Rises 9K In July, Sell EURUSD On Rebound !

1
159
forex13 oe0f4i min
forex13 oe0f4i min

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

The German Unemployment Change rose 9K , from 1K in the previous month, the indicator was expected to fall to -5K in last month.

Market Impact : This development should keep the pair under pressure with risk for further down, immediate resistance comes at the 1.0685 levels where rejection is suggested, further upside resistance comes at the 1.1035 ahead of the 1.1077 levels.

On the downside support comes at the 1.0965 levels where a clear break will look for the 1.0920 levels.

MARKET DATA

UPCOMING ECONOMIC EVENTS

1 COMMENT

Comments are closed.