Recovering GfK index bullish for EURUSD
GfK consumer confidence index recovered slightly in May: GfK consumer climate index edged up from -23.1 points in April to -18.9 points in May, when an increase to -19.1 was expected. This is bullish for EURUSD.
Summary of technical analysis
|Buy stop||Above 1.0971|
|Stop loss||Below 1.0905|
Market Analysis provided by IFCMarkets
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