Rising trade surplus bullish for EURUSD
Euro-zone trade balance surplus rose in July when a slight decline was expected. Will the EURUSD rise?
On 1-hour timeframe EURUSD: H1 is in uptrend. The price has crossed above the 200-period moving average MA(200) which has started to rise.
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Technical Analysis Summary
|Buy stop||Above 1.1109|
|Stop loss||Below 1.1055|
Market Analysis provided by IFCMarkets