GfK German Consumer Climate (Apr) rises to 10.0 , EURUSD continues rising !

forex vqlxh6 min
forex vqlxh6 min

GfK German Consumer Climate (Apr) rises to 10.0 .This development should boost EURUSD at least till US session ,Now eyes on 1.1036 levels , a halt could be seen , but a break would look for the 1.1108 levels …

Support remains on the 1.0889 levels ahead of the 1.0766 levels , however ; the EURUSD is likely to continue rising till US session . Next US data  – Initial Jobless Claims & Services PMI – will give us  a clue about the next destination ..

Negative US data will accelerate the expected bullish move while positive US data will suggest a pullback towards the 1.0889 levels before the next move ……..

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