German ZEW Economic Sentiment Rises 16.1 In Dec, EURUSD Remains Up!

Forex G trade
Forex G trade

TheĀ German ZEW Economic Sentiment rose 16.1, from 10.4 in the previous month, the indicator was expected to rise to 15.0 in the last month…

Market impact: This development should support the EURO against the U.S dollar, in the case of a pullback, buying the pair on dips is recommended, immediate support comes at the 1.0985 levels ahead of the 1.0938 levels (main), resistance comes at the 1.1095 levels…

Further Reading

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