EXNESS - Analytics

    EXNESS

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    EURUSD: under pressure before publication of data on the Eurozone industrial production

    Sell on a level breakthrough of 1.0811 with 1.0710 target. Stop loss = 1.0861.

    Reason for the trading strategy

    Today at 10.00 GMT, the industrial production volume in the Eurozone will be published. A decline of 0.2% (m/m) expected in November will signal a reduction of the real sector in the European economy and will put pressure on the euro.

    EURUSD, H1

    EURUSD


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