German import prices decline bearish for EURUSD
The decline of euro-zones largest economy’s index of import prices accelerated to 2.7% over year in August from -2.1% in July. Will the EURUSD continue falling?
On 1-hour timeframe EURUSD: H1 is in uptrend, rising toward 200-period moving average MA(200).
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Technical Analysis Summary
|Buy stop||Above 1.0939|
|Stop loss||Below 1.0919|
Market Analysis provided by IFCMarkets