Falling German wholesale prices bearish for EURUSD
German wholesale prices accelerated decline in August when an increase was forecast. Will the EURUSD continue falling?
On 1-hour timeframe EURUSD: H1 is in downtrend. The price is declining toward the 200-period moving average MA(200).
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Technical Analysis Summary
|Sell stop||Below 1.1044|
|Stop loss||Above 1.1064|
Market Analysis provided by IFCMarkets